AECOM: Dividend Insights
Portfolio Pulse from Benzinga Insights
AECOM (NYSE:ACM) has announced a quarterly dividend of 18 cents per share, which will be paid out to shareholders on October 20, 2023. The stock will go ex-dividend on Wednesday, meaning it will likely open 18 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.
September 29, 2023 | 2:45 pm
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AECOM's announcement of a quarterly dividend of 18 cents per share may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend payout process and does not reflect negatively on the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which is why a short-term decrease in AECOM's stock price is expected. However, this is a standard part of the dividend payout process and does not indicate any issues with the company's performance. Investors who own the stock prior to the ex-dividend date will receive the dividend, providing them with a return on their investment.
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