Friday Is Your Last Chance To Buy Dine Brands Global Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Dine Brands Global (NYSE:DIN) has announced a quarterly dividend of 51 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders who own DIN as of the end of Friday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.
September 13, 2023 | 2:45 pm
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Dine Brands Global's announcement of a 51 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend on Monday.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. As Dine Brands Global has announced a 51 cents per share dividend and will go ex-dividend on Monday, it is likely that the stock price will decrease in the short term.
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