Tuesday Is Your Last Chance To Buy Cousins Props Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Cousins Props (NYSE:CUZ) has announced a quarterly dividend of 32 cents per share, payable on July 17, 2023. The stock will go ex-dividend on Wednesday, meaning it will likely open 32 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.
June 30, 2023 | 2:45 pm
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NEUTRAL IMPACT
Cousins Props has announced a dividend payout, which may cause the stock to open lower on the ex-dividend date. However, this is a regular part of the dividend process and not necessarily a negative indicator.
The announcement of a dividend payout often leads to a decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. However, this is a normal part of the dividend process and does not necessarily indicate a negative outlook for the stock. Investors who hold the stock through the ex-dividend date will receive the dividend, which they can choose to reinvest or use in another way.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100