Thursday Is Your Last Chance To Buy Angel Oak Financial Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Angel Oak Financial (NYSE:FINS) has announced a monthly dividend of 9.5 cents per share. The stock will go ex-dividend on Friday, 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. The dividend will be paid out on July 31, 2023.
July 11, 2023 | 2:46 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Angel Oak Financial's announcement of a 9.5 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this could attract dividend-seeking investors.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which could lead to a short-term decrease in FINS's stock price. However, the announcement of a dividend can also attract investors who are seeking regular income, potentially leading to increased demand for the stock in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100