Lifevantage's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Lifevantage (NASDAQ:LFVN) announced it will pay a quarterly dividend of 3.5 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 3.5 cents lower. Shareholders owning LFVN as of the end of Wednesday's session are eligible for the dividend payout. The dividend will be paid out on September 22, 2023.
September 04, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Lifevantage's stock will likely open lower on Thursday due to the ex-dividend date. Shareholders as of Wednesday's session end are eligible for the 3.5 cents per share dividend.
The ex-dividend date is the deadline to buy shares and still receive the declared dividend. After this date, the stock price typically drops by the amount of the dividend, hence the negative score. The news is highly relevant as it directly affects LFVN shareholders and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100