Vontier's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Vontier (NYSE:VNT) has announced a quarterly dividend of 2.5 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 2.5 cents lower to reflect the payout. Shareholders owning VNT as of the end of Tuesday's session are eligible for the dividend, which will be paid out on September 28, 2023.
September 01, 2023 | 2:45 pm
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Vontier's stock price is expected to open lower on the ex-dividend date due to the dividend payout. The dividend will be paid out to eligible shareholders on September 28, 2023.
The announcement of a dividend often leads to a decrease in the stock price on the ex-dividend date, reflecting the amount of the dividend payout. In this case, Vontier's stock is expected to open 2.5 cents lower. Shareholders who own the stock prior to the ex-dividend date are eligible for the dividend, which will be paid out on September 28, 2023.
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