Northern Oil & Gas's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Northern Oil & Gas (NYSE:NOG) announced a quarterly dividend of 37 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning NOG stock by the end of Tuesday's session will be eligible for the dividend payout, which will be distributed on July 31, 2023.
June 23, 2023 | 2:45 pm
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Northern Oil & Gas's ex-dividend date is Wednesday, and shareholders owning the stock by the end of Tuesday's session will be eligible for the 37 cents per share dividend payout.
The ex-dividend date is an important event for dividend investors, as it determines their eligibility for the dividend payout. In this case, Northern Oil & Gas's stock price is expected to adjust lower by the dividend amount on the ex-dividend date. However, this is a normal occurrence and does not necessarily indicate a negative impact on the stock price in the short term.
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