ARKO: Dividend Insights
Portfolio Pulse from Benzinga Insights
ARKO Corp. has announced a quarterly dividend of 3 cents per share, payable on September 01, 2023. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend.
August 09, 2023 | 2:45 pm
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ARKO's stock price is expected to open lower on Monday due to the ex-dividend status. However, the dividend announcement could attract more investors, potentially stabilizing the price.
When a stock goes ex-dividend, it typically opens lower to reflect the payout. However, the announcement of a dividend can also attract new investors, which could help stabilize the stock price.
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