USA Compression Partners: Dividend Insights
Portfolio Pulse from Benzinga Insights
USA Compression Partners (NYSE:USAC) has announced a quarterly dividend of 52.5 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 52.5 cents lower than usual. Shareholders who own USAC as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on November 03, 2023.
October 17, 2023 | 2:45 pm
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USA Compression Partners has announced a quarterly dividend of 52.5 cents per share. The stock will go ex-dividend on Friday, which will likely result in a temporary decrease in the stock price.
Dividend announcements typically result in a temporary decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. In this case, USAC's stock price will likely open 52.5 cents lower on Friday. However, this is a normal part of the dividend process and does not reflect negatively on the company's performance or value.
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