Wednesday Is Your Last Chance To Buy Waterstone Financial Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Waterstone Financial (NASDAQ:WSBF) has announced a quarterly dividend of 15 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on November 01, 2023.
October 02, 2023 | 2:45 pm
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Waterstone Financial's stock is expected to trade lower on Thursday due to the ex-dividend date. The dividend payout could attract investors, potentially increasing demand for the stock before the ex-dividend date.
The announcement of a dividend payout often attracts investors who want to benefit from the payout, potentially driving up the stock price in the short term. However, the stock is expected to trade lower on the ex-dividend date as the stock price adjusts to reflect the payout. This could lead to short-term volatility in the stock price.
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