LCI Indus's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
LCI Indus (NYSE:LCII) has announced a quarterly dividend of $1.05 per share. The ex-dividend date is Thursday, meaning the stock will likely open $1.05 lower to reflect the payout. Shareholders owning the stock by the end of Wednesday's session will be eligible for the dividend, which will be paid out on September 15, 2023.
August 28, 2023 | 2:45 pm
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LCI Indus has announced a quarterly dividend of $1.05 per share. The stock will likely open lower on the ex-dividend date, which could impact short-term trading.
The announcement of a dividend often leads to a decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. This could impact short-term trading for LCII.
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