Monday Is Your Last Chance To Buy MFS Government Markets Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
MFS Government Markets (NYSE:MGF) has announced a monthly dividend of 2.09 cents per share. To be eligible for the dividend, shareholders must own the stock before the ex-dividend date, which is Tuesday. The dividend will be paid out on July 31, 2023.
July 13, 2023 | 2:46 pm
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MFS Government Markets (MGF) has announced a monthly dividend of 2.09 cents per share. The stock will likely open 2.09 cents lower on Tuesday to reflect the payout.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price as the stock goes ex-dividend. In this case, MGF is expected to open 2.09 cents lower on Tuesday, reflecting the dividend payout. This is a common occurrence and does not necessarily indicate a negative long-term impact.
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