Thursday Is Your Last Chance To Buy Radian Group Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Radian Group (NYSE:RDN) has announced a quarterly dividend of 22.5 cents per share. The stock will go ex-dividend on Friday, 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. The dividend will be paid out on September 06, 2023.
August 15, 2023 | 2:45 pm
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Radian Group's announcement of a 22.5 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this could attract dividend-seeking investors.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which could lead to a short-term decrease in Radian Group's stock price. However, the announcement of a dividend can also attract investors who are seeking dividend-paying stocks, potentially offsetting the short-term decrease.
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