Vail Resorts's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Vail Resorts (NYSE:MTN) announced a quarterly dividend of $2.06 per share, with the ex-dividend date set for Monday. Shareholders owning MTN stock by the end of Friday's session will be eligible for the dividend payout, which will be distributed on July 12, 2023.
June 21, 2023 | 2:45 pm
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NEUTRAL IMPACT
Vail Resorts announced a $2.06 per share quarterly dividend, with the ex-dividend date on Monday. Eligible shareholders will receive the payout on July 12, 2023.
The announcement of the dividend payout and ex-dividend date is important for shareholders, as it directly affects their returns. However, the short-term impact on the stock price is neutral, as the stock will likely open $2.06 lower on the ex-dividend date, reflecting the payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100