Village Super Market's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Village Super Market (NASDAQ:VLGEA) announced it will pay a quarterly dividend of 25 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 25 cents lower. Shareholders who own VLGEA as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on October 26, 2023.
September 29, 2023 | 2:45 pm
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Village Super Market's stock will likely open lower on Wednesday due to the ex-dividend date. The dividend payout may attract more investors, potentially increasing the stock's demand.
The ex-dividend date often leads to a temporary drop in a stock's price, which is expected to be the case for VLGEA. However, the dividend payout can also attract more investors, potentially increasing the stock's demand and offsetting the temporary drop.
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