Thursday Is Your Last Chance To Buy Dorchester Minerals Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Dorchester Minerals (NASDAQ:DMLP) has announced a quarterly dividend of 67.68 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on August 10, 2023.
July 25, 2023 | 2:46 pm
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Dorchester Minerals' announcement of a 67.68 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 attract more investors, potentially leading to a longer-term increase.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which could lead to a short-term decrease in Dorchester Minerals' stock price. However, the announcement of a substantial dividend could attract more investors, potentially leading to a longer-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100