Thursday Is Your Last Chance To Buy Guaranty Bancshares Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Guaranty Bancshares (NYSE:GNTY) has announced a quarterly dividend of 23 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own GNTY as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on October 11, 2023.
September 19, 2023 | 2:45 pm
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Guaranty Bancshares has announced a quarterly dividend of 23 cents per share. The stock will go ex-dividend on Friday, which may cause a short-term decrease in the stock price.
The announcement of a dividend often leads to a short-term increase in the stock price as investors buy in to receive the dividend. However, the stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. This could lead to a short-term decrease in the stock price.
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