Friday Is Your Last Chance To Buy Suburban Propane Partners Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Suburban Propane Partners (NYSE:SPH) has announced a quarterly dividend of 32.5 cents per share. The stock will go ex-dividend on Monday, 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 08, 2023.
July 26, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Suburban Propane Partners has announced a dividend payout, which will likely cause the stock to open lower on the ex-dividend date.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. In this case, Suburban Propane Partners has announced a dividend of 32.5 cents per share, which will likely cause the stock to open lower on the ex-dividend date.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100