COHEN & STEERS TAX-ADV's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
COHEN & STEERS TAX-ADV (NYSE:PTA) has announced a monthly dividend of 13.4 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely trade lower to reflect the payout. Shareholders owning PTA by the end of Monday's session are eligible for the dividend, which will be paid out on October 31, 2023.
October 05, 2023 | 2:45 pm
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COHEN & STEERS TAX-ADV (PTA) has announced a monthly dividend of 13.4 cents per share. The stock is expected to trade lower on Tuesday to reflect the payout.
The announcement of a dividend often leads to a decrease in the stock price on the ex-dividend date, reflecting the amount of the dividend paid. In this case, PTA is expected to open 13.4 cents lower on Tuesday, the ex-dividend date.
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