Sealed Air: Dividend Insights
Portfolio Pulse from Benzinga Insights
Sealed Air (NYSE:SEE) has announced a quarterly dividend of 20 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 20 cents lower. Shareholders who own SEE 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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NEGATIVE IMPACT
Sealed Air's announcement of a 20 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not indicative of the company's overall performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which can lead to a short-term decrease in the stock price. However, this is a regular part of the dividend process and does not reflect on the company's overall performance or value.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100