Wednesday Is Your Last Chance To Buy Blackstone Long-Short Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Blackstone Long-Short (NYSE:BGX) has announced a monthly dividend of 11.2 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 11.2 cents lower. Shareholders who own BGX 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
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Blackstone Long-Short (BGX) has announced a dividend payout, which will likely cause the stock to open lower on the ex-dividend date.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. In this case, BGX is expected to open 11.2 cents lower.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100