Douglas Dynamics's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Douglas Dynamics (NYSE:PLOW) has announced a quarterly dividend of 29.5 cents per share. The ex-dividend date is Monday, meaning the stock will likely open 29.5 cents lower to reflect the payout. Shareholders who own PLOW 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
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Douglas Dynamics's stock is expected to open lower on Monday due to the ex-dividend date. The dividend will be paid out on September 29, 2023.
The ex-dividend date is the date after which a stock's price typically drops by the amount of the dividend. In this case, Douglas Dynamics's stock is expected to open lower on Monday, reflecting the 29.5 cents per share dividend. This could potentially lead to short-term selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100