Friday Is Your Last Chance To Buy Allspring Glb Div Opp Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Allspring Glb Div Opp (NYSE:EOD) has announced a quarterly dividend of 10.64 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on October 02, 2023.
September 06, 2023 | 2:45 pm
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Allspring Glb Div Opp (EOD) will pay a quarterly dividend of 10.64 cents per share. The stock will go ex-dividend on Monday, which may cause a short-term decrease in the stock price.
The announcement of a dividend payout often leads to a short-term increase in the stock price as investors buy in to receive the dividend. However, once the stock goes ex-dividend, the price typically decreases by approximately the amount of the dividend, as the company's assets have effectively decreased by the amount of the payout. In this case, Allspring Glb Div Opp (EOD) is expected to decrease in price by about 10.64 cents per share.
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