Nuveen Short Duration's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Nuveen Short Duration (NYSE:JSD) has announced a monthly dividend of 11.1 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 11.1 cents lower to reflect the payout. Shareholders who own JSD as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 01, 2023.
July 10, 2023 | 2:46 pm
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Nuveen Short Duration (JSD) has announced a monthly dividend of 11.1 cents per share. The stock will likely open lower on the ex-dividend date, reflecting the payout.
The announcement of a dividend typically leads to a decrease in the stock price on the ex-dividend date, reflecting the amount of the dividend. In this case, Nuveen Short Duration's stock price is expected to open 11.1 cents lower on the ex-dividend date. This is a direct impact on the stock's short-term price.
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