United States Steel's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
United States Steel (NYSE:X) has announced a quarterly dividend of 5 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 5 cents lower to reflect the payout. Shareholders who own X as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 07, 2023.
August 04, 2023 | 9:17 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
United States Steel's announcement of a 5 cents per share dividend may cause the stock to open lower on the ex-dividend date. The dividend will be paid out on September 07, 2023.
Dividends are typically reflected in the stock's price, causing it to drop by the amount of the dividend on the ex-dividend date. In this case, United States Steel's stock is expected to open 5 cents lower on the ex-dividend date. This is a direct impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100