Wednesday Is Your Last Chance To Buy Roper Techs Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Roper Techs (NASDAQ:ROP) has announced a quarterly dividend of 68.25 cents per share, payable on October 23, 2023. To be eligible for the dividend, shareholders must own the stock before the ex-dividend date, which is Thursday. The stock is expected to open 68.25 cents lower on Thursday to reflect the payout.
October 02, 2023 | 2:45 pm
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Roper Techs has announced a dividend payout, which will likely cause the stock to open lower on the ex-dividend date. This could impact short-term trading strategies.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. This is because the company's assets decrease by the amount of the dividend payout. Therefore, Roper Techs' stock is likely to open lower on the ex-dividend date, which could impact short-term trading strategies.
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