BNY Mellon Alcentra Glb's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BNY Mellon Alcentra Glb (NYSE:DCF) has announced a monthly dividend of 3.5 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 3.5 cents lower to reflect the payout. Shareholders who own DCF as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 22, 2023.
September 04, 2023 | 2:45 pm
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BNY Mellon Alcentra Glb (NYSE:DCF) has announced a monthly dividend of 3.5 cents per share. The stock will likely open lower on the ex-dividend date, reflecting the payout.
The announcement of a dividend typically leads to a decrease in the stock price on the ex-dividend date, reflecting the amount of the dividend. In this case, BNY Mellon Alcentra Glb's stock is expected to open 3.5 cents lower on the ex-dividend date.
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