American States Water's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
American States Water (NYSE:AWR) has announced a quarterly dividend of 43 cents per share. The ex-dividend date is Monday, meaning the stock will likely open 43 cents lower to reflect the payout. Shareholders who own AWR as of the end of Friday's session are eligible to receive the dividend, which will be paid out on September 01, 2023.
August 09, 2023 | 2:45 pm
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American States Water's stock price is expected to open lower on Monday due to the ex-dividend date. The dividend will be paid out on September 01, 2023.
The ex-dividend date is the date when the stock price is adjusted downwards by the amount of the dividend. Therefore, it is expected that AWR's stock price will open lower on Monday. However, this is a temporary effect and does not reflect a decrease in the company's value.
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