Pathward Financial: Dividend Insights
Portfolio Pulse from Benzinga Insights
Pathward Financial (NASDAQ:CASH) has announced a quarterly dividend of 5 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders who own CASH as of the end of Friday's session are eligible to receive the dividend, which will be paid out on October 02, 2023.

September 06, 2023 | 2:45 pm
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Pathward Financial's announcement of a 5 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 is why a short-term decrease in Pathward Financial's stock price is expected. However, this is a standard part of the dividend process and does not reflect negatively on the company's overall performance. Investors who own the stock as of the end of Friday's session will receive the dividend, providing them with a return on their investment.
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