Thursday Is Your Last Chance To Buy Citizens & Northern Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Citizens & Northern (NASDAQ:CZNC) has announced a quarterly dividend of 28 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 28 cents lower. Shareholders who own CZNC as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 11, 2023.
July 25, 2023 | 2:46 pm
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CZNC announced a 28 cents per share dividend. The stock will go ex-dividend on Friday and is expected to open lower. The dividend will be paid on August 11, 2023.
The announcement of the dividend payout and the ex-dividend date will likely cause a short-term decrease in the stock price as it adjusts to reflect the payout. However, this is a common occurrence and does not necessarily reflect negatively on the company's overall financial health.
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