Wednesday Is Your Last Chance To Buy Caleres Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Caleres (NYSE:CAL) has announced a quarterly dividend of 7 cents per share, which will be paid out to shareholders on September 29, 2023. The stock will go ex-dividend on Thursday, meaning it will likely open 7 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.
September 04, 2023 | 2:45 pm
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Caleres has announced a quarterly dividend of 7 cents per share. The stock will go ex-dividend on Thursday, which may cause the stock to open lower.
Dividend payouts typically result in a decrease in the stock price equivalent to the amount of the dividend. As Caleres has announced a dividend of 7 cents per share, it is expected that the stock price will decrease by this amount on the ex-dividend date.
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