Friday Is Your Last Chance To Buy Dollar Gen Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Dollar Gen (NYSE:DG) has announced a quarterly dividend of 59 cents per share, payable on July 25, 2023. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.
July 05, 2023 | 2:46 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Dollar Gen's stock is expected to trade lower on Monday due to the ex-dividend date. However, the dividend payout could attract more investors, potentially offsetting the initial drop.
The ex-dividend date typically results in a drop in the stock's price equivalent to the dividend amount. However, the announcement of a dividend can also attract new investors looking for income, which could offset the initial drop in price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100