H&R Block's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
H&R Block (NYSE:HRB) has announced a quarterly dividend of 32 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 32 cents lower to reflect the payout. Shareholders who own HRB as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on October 04, 2023.
September 01, 2023 | 2:45 pm
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H&R Block's stock is likely to open lower on the ex-dividend date due to the announced dividend of 32 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, H&R Block's stock is expected to open lower by 32 cents per share, the amount of the announced dividend.
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