Quest Diagnostics: Dividend Insights
Portfolio Pulse from Benzinga Insights
Quest Diagnostics (NYSE:DGX) has announced a quarterly dividend of 71 cents per share, payable on July 25, 2023. The stock will go ex-dividend on Monday, meaning it will likely open 71 cents lower. Shareholders who own DGX as of the end of Friday's session are eligible to receive the dividend.
July 05, 2023 | 2:46 pm
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Quest Diagnostics' announcement of a 71 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not indicative of the company's overall performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which is why a short-term decrease in DGX's stock price is expected. However, this is a standard part of the dividend process and does not reflect negatively on the company's overall performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100