PIMCO Access Income's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
PIMCO Access Income (NYSE:PAXS) has announced a monthly dividend of 14.94 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 14.94 cents lower to reflect the payout. Shareholders owning PAXS as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on October 02, 2023.
September 05, 2023 | 2:45 pm
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PIMCO Access Income (PAXS) has announced a monthly dividend of 14.94 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. As PAXS has announced a dividend of 14.94 cents per share, it is expected that the stock price will open lower on the ex-dividend date.
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