Tuesday Is Your Last Chance To Buy Southern States Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Southern States (NASDAQ:SSBK) has announced a quarterly dividend of 9 cents per share. The stock will go ex-dividend on Wednesday, 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 17, 2023.
July 28, 2023 | 2:46 pm
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Southern States (NASDAQ:SSBK) will pay a quarterly dividend of 9 cents per share. The stock will likely trade lower on the ex-dividend date.
The announcement of a dividend payout usually leads to a temporary increase in stock price as investors buy in to qualify for the dividend. However, the stock price typically drops on the ex-dividend date to reflect the payout, which is why the score is -1. The news is highly relevant and important for SSBK shareholders and potential investors, hence the high relevance and importance scores.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100