Amphenol's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Amphenol (NYSE:APH) has announced a quarterly dividend of 21 cents per share, with the ex-dividend date set for Monday. Shareholders who own APH as of the end of Friday's session are eligible to receive the dividend, which will be paid out on October 11, 2023.
September 13, 2023 | 2:46 pm
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NEUTRAL IMPACT
Amphenol's announcement of a 21 cents per share dividend may lead to a short-term decrease in the stock price as it adjusts for the payout. However, the dividend could also attract new investors, potentially stabilizing the price.
When a company announces a dividend, the stock price typically decreases by approximately the amount of the dividend on the ex-dividend date. This is because the company's assets decrease by the amount of the dividend payout. However, dividends can also attract new investors, which could help stabilize the price.
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