Monday Is Your Last Chance To Buy West Bancorp Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
West Bancorp (NASDAQ:WTBA) has announced a quarterly dividend of 25 cents per share. The stock will go ex-dividend on Tuesday, 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 23, 2023.
August 04, 2023 | 1:38 pm
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West Bancorp's announcement of a 25 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this could attract dividend-seeking investors.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which could lead to a short-term decrease in West Bancorp's stock price. However, the announcement of a dividend can also attract investors who are seeking dividend-paying stocks, potentially leading to increased demand for the stock in the longer term.
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