Friday Is Your Last Chance To Buy Codorus Valley Bancorp Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Codorus Valley Bancorp (NASDAQ:CVLY) has announced a quarterly dividend of 17 cents per share. 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. The dividend will be paid out on August 08, 2023.
July 19, 2023 | 2:45 pm
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Codorus Valley Bancorp announced a dividend payout, which will likely cause the stock to trade lower on the ex-dividend date.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. In this case, CVLY's stock price is expected to decrease by 17 cents per share.
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