Wesbanco's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wesbanco (NASDAQ:WSBC) has announced a quarterly dividend of 35 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 35 cents lower to reflect the payout. Shareholders who own WSBC as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on October 02, 2023.
September 04, 2023 | 2:45 pm
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Wesbanco's stock price is expected to open lower on the ex-dividend date due to the announced dividend of 35 cents per share.
The announcement of a dividend typically leads to a decrease in the stock price equivalent to the dividend amount on the ex-dividend date. In this case, Wesbanco's stock price is expected to open 35 cents lower on the ex-dividend date.
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