Blackstone Strategic's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Blackstone Strategic (NYSE:BGB) has announced a monthly dividend of 10.2 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 10.2 cents lower to reflect the payout. Shareholders who own BGB as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.
September 18, 2023 | 2:45 pm
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Blackstone Strategic's stock price is expected to open lower on the ex-dividend date due to the dividend payout. The dividend will be paid out on September 29, 2023.
The stock price of Blackstone Strategic is expected to decrease on the ex-dividend date as the stock will trade lower to reflect the dividend payout. This is a common occurrence in the stock market when a company announces a dividend. Investors who own the stock prior to the ex-dividend date are eligible to receive the dividend.
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