Barings Global Short's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barings Global Short (NYSE:BGH) has announced a monthly dividend of 10.56 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders owning BGH as of the end of Tuesday's session are eligible for the dividend, which will be paid out on October 02, 2023.
September 15, 2023 | 2:45 pm
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Barings Global Short (BGH) has announced a monthly dividend of 10.56 cents per share. The stock will likely trade lower on Wednesday to reflect the payout.
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, BGH's stock price is expected to trade lower on Wednesday.
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