West Pharmaceutical Servs: Dividend Insights
Portfolio Pulse from Benzinga Insights
West Pharmaceutical Servs (NYSE:WST) has announced a quarterly dividend of 19 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own WST as of the end of Monday's session are eligible to receive the dividend, which will be paid out on August 02, 2023.
July 20, 2023 | 2:46 pm
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West Pharmaceutical Servs has announced a quarterly dividend of 19 cents per share. The stock will likely open lower on Tuesday to reflect the payout.
The announcement of a dividend typically leads to a decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. Therefore, it is expected that WST's stock price will open lower on Tuesday.
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