CSW Industrials: Dividend Insights
Portfolio Pulse from Benzinga Insights
CSW Industrials (NASDAQ:CSWI) has announced a quarterly dividend of 19 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 19 cents lower. Shareholders who own CSWI as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 11, 2023.
July 24, 2023 | 2:46 pm
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CSW Industrials' announcement of a 19 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically opens lower on the ex-dividend date to reflect the payout. This is a standard part of the dividend process and does not reflect negatively on the company's performance. However, it can lead to short-term price volatility.
CONFIDENCE 90
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