Wednesday Is Your Last Chance To Buy Dynex Cap Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Dynex Cap (NYSE:DX) announced a monthly dividend of 13 cents per share, with Wednesday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Thursday, and the dividend will be paid out on July 03, 2023.
June 19, 2023 | 2:51 pm
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NEUTRAL IMPACT
Dynex Cap's stock will likely open 13 cents lower on Thursday due to the ex-dividend date. Investors must own the stock by the end of Wednesday to be eligible for the 13 cents per share dividend payout.
Dynex Cap's stock will likely open lower on Thursday due to the ex-dividend date, which is a common occurrence for stocks when they go ex-dividend. However, this does not necessarily indicate a negative impact on the stock price in the short term, as the dividend payout can be seen as a positive factor for investors. Therefore, the score is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100