Nuveen Arizona Quality's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Nuveen Arizona Quality (NYSE:NAZ) has announced a monthly dividend of 3.1 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 3.1 cents lower to reflect the payout. Shareholders who own NAZ as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on November 01, 2023.
October 09, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Nuveen Arizona Quality (NYSE:NAZ) has announced a monthly dividend of 3.1 cents per share. The stock will likely open lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a decrease in the stock price on the ex-dividend date. This is because the stock price is adjusted to reflect the payout. Therefore, it is expected that the stock price of Nuveen Arizona Quality will open lower on the ex-dividend date.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100