MFS Special Value: Dividend Insights
Portfolio Pulse from Benzinga Insights
MFS Special Value (NYSE:MFV) has announced a monthly dividend of 3.59 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 3.59 cents lower. Shareholders who own MFV 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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MFS Special Value's announcement of a monthly dividend of 3.59 cents per share will likely cause the stock to open lower on Tuesday. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a company goes ex-dividend, the stock price typically drops to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. Shareholders who own the stock prior to the ex-dividend date are eligible to receive the dividend.
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