Value Line's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Value Line (NASDAQ:VALU) has announced a quarterly dividend of 28 cents per share, with the ex-dividend date set for Friday. Shareholders who own VALU as of the end of Thursday's session are eligible to receive the dividend. The dividend will be paid out to shareholders on August 10, 2023.
July 25, 2023 | 2:45 pm
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NEUTRAL IMPACT
Value Line's announcement of a 28 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, the dividend payout could also attract more investors, potentially leading to a longer-term increase.
When a stock goes ex-dividend, its price typically decreases by the amount of the dividend, as the company's assets have effectively decreased by the amount paid out. However, dividends can also make a stock more attractive to investors seeking income, potentially leading to increased demand and a longer-term price increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100