Citizens Financial Servs's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citizens Financial Servs (NASDAQ:CZFS) has announced a quarterly dividend of 49 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 49 cents lower to reflect the payout. Shareholders who own CZFS as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.
September 11, 2023 | 2:45 pm
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Citizens Financial Servs has announced a quarterly dividend of 49 cents per share. The stock will likely open lower on the ex-dividend date, Thursday.
The announcement of a dividend typically leads to a decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. Therefore, it is expected that CZFS's stock price will open lower on the ex-dividend date.
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