Calavo Growers's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Calavo Growers (NASDAQ:CVGW) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Monday. Shareholders owning CVGW stock by the end of Friday's session will be eligible for the dividend payout, which will be distributed on July 11, 2023.
June 21, 2023 | 2:46 pm
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Calavo Growers announced a 10 cents per share quarterly dividend, with the ex-dividend date on Monday. Eligible shareholders will receive the payout on July 11, 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 10 cents lower on the ex-dividend date, reflecting the payout.
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