Union Bankshares's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Union Bankshares (NASDAQ:UNB) has announced a quarterly dividend of 36 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 36 cents lower to reflect the payout. Shareholders who own UNB as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 03, 2023.
July 24, 2023 | 2:45 pm
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Union Bankshares has announced a quarterly dividend of 36 cents per share. The stock will likely open lower on the ex-dividend date, reflecting the payout.
The announcement of a dividend typically leads to a decrease in the stock price on the ex-dividend date, reflecting the amount of the dividend. In this case, Union Bankshares' stock is expected to open 36 cents lower on the ex-dividend date.
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