Friday Is Your Last Chance To Buy East West Bancorp Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
East West Bancorp (NASDAQ:EWBC) has announced a quarterly dividend of 48 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 15, 2023.
July 26, 2023 | 2:46 pm
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East West Bancorp 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, East West Bancorp's stock is expected to open 48 cents lower on the ex-dividend date.
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