Friday Is Your Last Chance To Buy Greenbrier Companies Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Greenbrier Companies (NYSE:GBX) has announced a quarterly dividend of 30 cents per share, payable on August 08, 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 12, 2023 | 2:45 pm
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Greenbrier Companies' announcement of a 30 cents per share dividend may lead to increased buying before the ex-dividend date, potentially boosting the stock price in the short term.
Dividend announcements often lead to increased buying activity as investors seek to qualify for the payout, potentially leading to a short-term increase in the stock price. However, the stock is likely to trade lower on the ex-dividend date to reflect the payout.
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