SLR Inv's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
SLR Inv (NASDAQ:SLRC) has announced a monthly dividend of 13.67 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own SLRC as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 28, 2023.
September 14, 2023 | 2:45 pm
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SLR Inv's stock is expected to trade lower on Tuesday due to the ex-dividend date. The dividend will be paid out on September 28, 2023.
The stock is expected to trade lower on the ex-dividend date as the price adjusts to reflect the payout. This is a common occurrence and does not reflect negatively on the company's performance. The dividend payout is a positive sign of the company's profitability and ability to return capital to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100