Monday Is Your Last Chance To Buy Cousins Props Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Cousins Props (NYSE:CUZ) has announced a quarterly dividend of 32 cents per share, which will be paid out to shareholders on October 13, 2023. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Monday is the last day for investors to buy the stock and be eligible for the dividend.
September 28, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Cousins Props is set to pay a 32 cents per share dividend on October 13, 2023. The stock will go ex-dividend on Tuesday, potentially leading to a lower opening price.
The announcement of the dividend payout and the ex-dividend date can impact the stock's price. Investors who want to receive the dividend must own the stock before the ex-dividend date, which can increase demand and potentially the price. However, once the stock goes ex-dividend, it often trades lower as the upcoming dividend payout is no longer a buying incentive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100