Tuesday Is Your Last Chance To Buy Riley Exploration Permian Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Riley Exploration Permian (AMEX:REPX) has announced a quarterly dividend of 36 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 09, 2023.
October 20, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Riley Exploration Permian (REPX) will pay a 36 cents per share dividend. The stock will go ex-dividend on Wednesday, potentially leading to a lower opening price.
The announcement of the dividend payout and the ex-dividend date could lead to increased buying pressure before the ex-dividend date and a potential drop in the stock price on the ex-dividend date as the stock trades lower to reflect the payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100