Clarus's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Clarus (NASDAQ:CLAR) has announced a quarterly dividend of 2.5 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 2.5 cents lower to reflect the payout. Shareholders who own CLAR as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 25, 2023.
August 08, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Clarus's stock is expected to open lower on Friday due to the ex-dividend date. The dividend will be paid out on August 25, 2023.
The ex-dividend date is the deadline for investors to be eligible for the next dividend payout. On this date, the stock price typically drops by the amount of the dividend to reflect the payout. Therefore, Clarus's stock is expected to open lower on Friday. However, this is a common occurrence and does not necessarily indicate a negative outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100