Monday Is Your Last Chance To Buy RPM Intl Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
RPM Intl (NYSE:RPM) has announced a quarterly dividend of 46 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own RPM as of the end of Monday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.
October 12, 2023 | 2:45 pm
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RPM Intl's announcement of a 46 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. However, it can lead to a short-term decrease in the stock price.
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