Tuesday Is Your Last Chance To Buy EMCOR Group Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
EMCOR Group (NYSE:EME) has announced a quarterly dividend of 18 cents per share, payable on July 31, 2023. The stock will go ex-dividend on Wednesday, 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 14, 2023 | 2:46 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
EMCOR Group's stock is expected to trade lower on Wednesday due to the ex-dividend date. However, the dividend payout could attract more investors, potentially balancing the short-term impact.
The ex-dividend date typically results in a decrease in the stock price equivalent to the dividend amount. However, the announcement of a dividend can also attract new investors seeking income, which could offset the price decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100