Prudential Financial's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Prudential Financial (NYSE:PRU) has announced a quarterly dividend of $1.25 per share. The ex-dividend date is Monday, meaning the stock will likely open $1.25 lower to reflect the payout. Shareholders who own PRU as of the end of Friday's session are eligible to receive the dividend, which will be paid out on September 14, 2023.
August 16, 2023 | 2:45 pm
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Prudential Financial's stock is likely to open lower on Monday due to the ex-dividend date. The company has announced a $1.25 per share dividend, payable on September 14, 2023.
The ex-dividend date is the date on which a stock's price is adjusted downward by the amount of the dividend. In this case, Prudential Financial's stock is likely to open lower on Monday due to the $1.25 per share dividend. This is a significant event for shareholders and potential investors, hence the high relevance and importance scores.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100