Wednesday Is Your Last Chance To Buy Morgan Stanley Emerging Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Morgan Stanley Emerging (NYSE:EDD) announced a quarterly dividend of 8 cents per share, with Wednesday being the last chance for investors to buy the stock before the ex-dividend date. The dividend will be paid out to shareholders on July 14, 2023.
June 26, 2023 | 2:45 pm
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Morgan Stanley Emerging (EDD) announced an 8 cents per share dividend, with the ex-dividend date on Thursday. Investors must own the stock by end of Wednesday to be eligible.
The announcement of the dividend payout is likely to have a neutral short-term impact on EDD's stock price. While some investors may buy the stock to receive the dividend, the stock will trade lower on the ex-dividend date to reflect the payout, balancing the overall impact.
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IMPORTANCE 80
RELEVANCE 100