Mfs Intermediate High Inc: Dividend Insights
Portfolio Pulse from Benzinga Insights
Mfs Intermediate High Inc (NYSE:CIF) has announced a monthly dividend of 1.43 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own CIF as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.
September 07, 2023 | 2:45 pm
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Mfs Intermediate High Inc's announcement of a monthly dividend of 1.43 cents per share will likely cause the stock to trade lower on Tuesday when it goes ex-dividend.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. As Mfs Intermediate High Inc has announced a dividend of 1.43 cents per share, it is expected that the stock will open lower on Tuesday, the ex-dividend date.
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