Vinci Partners Inv's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Vinci Partners Inv (NASDAQ:VINP) has announced a quarterly dividend of 20 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 20 cents lower to reflect the payout. Shareholders owning VINP as of the end of Tuesday's session are eligible for the dividend, which will be paid out on September 08, 2023.
August 18, 2023 | 2:45 pm
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Vinci Partners Inv's stock is expected to open lower on the ex-dividend date due to the announced dividend of 20 cents per share.
When a company announces a dividend, the stock price typically adjusts downward on the ex-dividend date by the amount of the dividend. In this case, Vinci Partners Inv has announced a 20 cents per share dividend, which is expected to result in a lower opening price on the ex-dividend date.
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