Village Super Market: Dividend Insights
Portfolio Pulse from Benzinga Insights
Village Super Market (NASDAQ:VLGEA) announced it will pay a quarterly dividend of 25 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 25 cents lower. Shareholders who own VLGEA as of the end of Tuesday's session will receive the dividend payout on July 27, 2023.
June 30, 2023 | 2:45 pm
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Village Super Market's dividend announcement may lead to a short-term decrease in the stock price as it goes ex-dividend. However, the dividend payout could attract income-focused investors.
When a stock goes ex-dividend, it typically opens lower to reflect the payout, which could lead to a short-term decrease in VLGEA's stock price. However, the dividend payout could also attract income-focused investors, potentially offsetting the short-term decrease.
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