Friday Is Your Last Chance To Buy Spectrum Brands Holdings Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Spectrum Brands Holdings (NYSE:SPB) has announced a quarterly dividend of 42 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders who own SPB as of the end of Friday's session are eligible to receive the dividend, which will be paid out on September 19, 2023.
August 23, 2023 | 2:45 pm
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Spectrum Brands Holdings has announced a quarterly dividend of 42 cents per share. The stock will go ex-dividend on Monday, which may cause a short-term decrease in the stock price.
Dividend announcements typically lead to a short-term decrease in the stock price as the stock goes ex-dividend. In this case, Spectrum Brands' stock price may open 42 cents lower on Monday, reflecting the dividend payout.
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