Friday Is Your Last Chance To Buy Delaware Inv Natl Muni Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Delaware Inv Natl Muni (AMEX:VFL) has announced a monthly dividend of 3.25 cents per share, payable on October 31, 2023. To be eligible for the dividend, shareholders must own the stock before the ex-dividend date, which is Monday. The stock will likely open 3.25 cents lower on Monday to reflect the payout.
October 18, 2023 | 2:45 pm
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Delaware Inv Natl Muni (VFL) has announced a dividend payout, which may cause the stock to open lower on the ex-dividend date, Monday.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. In this case, Delaware Inv Natl Muni has announced a dividend of 3.25 cents per share, which is expected to cause the stock to open lower on the ex-dividend date.
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