Vail Resorts's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Vail Resorts (NYSE:MTN) has announced a quarterly dividend of $2.06 per share. The ex-dividend date is Monday, meaning the stock will likely open $2.06 lower to reflect the payout. Shareholders who own MTN as of the end of Friday's session are eligible to receive the dividend, which will be paid out on October 26, 2023.
October 04, 2023 | 2:45 pm
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Vail Resorts has announced a quarterly dividend of $2.06 per share. The stock will likely open lower on the ex-dividend date, which is Monday.
The announcement of a dividend often leads to a decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. Therefore, it is expected that MTN's stock price will open lower on Monday.
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