First Trust Energy Infr: Dividend Insights
Portfolio Pulse from Benzinga Insights
First Trust Energy Infr (NYSE:FIF) has announced a monthly dividend of 10 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders who own FIF as of the end of Friday's session are eligible to receive the dividend, which will be paid out on October 16, 2023.
September 27, 2023 | 2:45 pm
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First Trust Energy Infr (FIF) has announced a monthly dividend of 10 cents per share. The stock will go ex-dividend on Monday, which will likely cause the stock to open lower.
Dividend announcements typically cause a stock's price to adjust downwards on the ex-dividend date to reflect the payout. As such, FIF's stock price is expected to open lower on Monday.
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