Friday Is Your Last Chance To Buy Donegal Gr Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Donegal Gr (NASDAQ:DGICA) has announced a quarterly dividend of 17 cents per share, payable on August 15, 2023. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Friday is the last day for investors to buy the stock and be eligible for the dividend.
July 26, 2023 | 2:46 pm
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Donegal Gr's stock is expected to trade lower on Monday due to the ex-dividend date. Investors who buy the stock by end of Friday's session will be eligible for the 17 cents per share dividend.
The stock is expected to trade lower on the ex-dividend date as it will no longer carry the right to the latest dividend payout. This is a common occurrence and is typically priced into the stock. However, it could create a short-term buying opportunity for investors who are not concerned about the dividend.
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