Barings Global Short: Dividend Insights
Portfolio Pulse from Benzinga Insights
Barings Global Short (NYSE:BGH) has announced a monthly dividend of 10.56 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 10.56 cents lower. Shareholders who own BGH as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 01, 2023.
August 17, 2023 | 2:45 pm
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Barings Global Short (BGH) has announced a monthly dividend of 10.56 cents per share. The stock will likely open lower on Tuesday due to the ex-dividend status.
The announcement of a dividend typically leads to a temporary increase in the stock price as investors buy in to qualify for the payout. However, the stock price usually drops on the ex-dividend date by an amount roughly equal to the dividend paid. In this case, BGH is expected to open lower on Tuesday, reflecting the 10.56 cents per share dividend.
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