Tuesday Is Your Last Chance To Buy AptarGroup Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
AptarGroup (NYSE:ATR) has announced a quarterly dividend of 41 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on November 16, 2023.
October 20, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
AptarGroup's announcement of a 41 cents per share dividend may lead to increased buying before the ex-dividend date, potentially boosting the stock price in the short term. However, the stock is expected to trade lower on the ex-dividend date.
The announcement of a dividend often leads to increased buying as investors seek to qualify for the payout, potentially boosting the stock price in the short term. However, stocks typically trade lower on the ex-dividend date as they are adjusted to reflect the payout, which could offset any short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100