Thursday Is Your Last Chance To Buy A-Mark Precious Metals Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
A-Mark Precious Metals (NASDAQ:AMRK) has announced a quarterly dividend of 20 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 20 cents lower. Shareholders who own AMRK as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on October 24, 2023.
October 03, 2023 | 2:45 pm
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A-Mark Precious Metals has announced a quarterly dividend of 20 cents per share. The stock will go ex-dividend on Friday and is expected to open 20 cents lower.
The announcement of a dividend payout is generally positive news for shareholders. However, the stock is expected to open lower on the ex-dividend date as the value of the dividend is subtracted from the stock's price. This could lead to a short-term decrease in the stock price.
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