Electronic Arts's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Electronic Arts (NASDAQ:EA) has announced a quarterly dividend of 19 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 19 cents lower to reflect the payout. Shareholders who own EA as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 20, 2023.
August 24, 2023 | 2:45 pm
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Electronic Arts has announced a quarterly dividend of 19 cents per share. The stock is expected to open lower on the ex-dividend date, which is Tuesday.
The announcement of a dividend typically leads to a decrease in the stock price on the ex-dividend date. This is because the stock price is adjusted to reflect the payout of the dividend. In this case, Electronic Arts' stock is expected to open 19 cents lower on Tuesday.
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