CSI Compressco's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
CSI Compressco (NASDAQ:CCLP) announced it will pay a quarterly dividend of 1 cent per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders owning the stock prior to the ex-dividend date are eligible for the dividend. The dividend will be paid out on August 14, 2023.
July 24, 2023 | 2:46 pm
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CSI Compressco's announcement of a 1 cent per share dividend and its ex-dividend date on Thursday may lead to a short-term decrease in the stock price.
The stock price of CSI Compressco is expected to decrease in the short term as it goes ex-dividend on Thursday. This is a common occurrence as the stock price adjusts to reflect the payout of the dividend. Investors who own the stock prior to the ex-dividend date are eligible for the dividend, which will be paid out on August 14, 2023.
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