Wednesday Is Your Last Chance To Buy Cadre Hldgs Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Cadre Hldgs (NYSE:CDRE) has announced a quarterly dividend of 8 cents per share. The stock will go ex-dividend on Thursday, 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 18, 2023.
July 31, 2023 | 2:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Cadre Hldgs has announced a quarterly dividend of 8 cents per share. The stock will likely open lower on the ex-dividend date, reflecting the payout.
The announcement of a dividend typically leads to a temporary increase in the stock price as investors buy in to qualify for the payout. However, the stock price usually drops on the ex-dividend date to reflect the payout, which is why the score is -1. The relevance, importance, and confidence are high as the news directly pertains to CDRE and is significant for its shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100