Wednesday Is Your Last Chance To Buy Emerson Electric Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Emerson Electric (NYSE:EMR) has announced a quarterly dividend of 52 cents per share, payable on September 11, 2023. 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.
August 07, 2023 | 2:45 pm
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Emerson Electric's announcement of a 52 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. As Emerson Electric has announced a 52 cents per share dividend, it is expected that the stock price will decrease in the short term.
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