Atlas Energy Solutions: Dividend Insights
Portfolio Pulse from Benzinga Insights
Atlas Energy Solutions (NYSE:AESI) announced it will pay a quarterly dividend of 15 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 15 cents lower. Shareholders who own AESI as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on August 17, 2023.
August 04, 2023 | 3:41 pm
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Atlas Energy Solutions (AESI) will pay a quarterly dividend of 15 cents per share. The stock will go ex-dividend on Wednesday, which may cause the stock to open lower.
The announcement of a dividend payout typically leads to a temporary increase in the stock price as investors buy in to qualify for the dividend. However, once the stock goes ex-dividend, the stock price usually drops by about the amount of the dividend payout. In this case, AESI is expected to open 15 cents lower on Wednesday.
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