Thursday Is Your Last Chance To Buy Value Line Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Value Line (NASDAQ:VALU) has announced a quarterly dividend of 28 cents per share, payable on November 09, 2023. To be eligible for the dividend, shareholders must own the stock before the ex-dividend date, which is this Friday. The stock is expected to open 28 cents lower on Friday to reflect the payout.
October 24, 2023 | 2:45 pm
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Value Line's announcement of a 28 cents per share dividend may attract investors looking for income, potentially driving up the stock price in the short term. However, the stock is expected to open lower on the ex-dividend date.
Dividend announcements often attract investors looking for income, which can drive up the stock price. However, stocks typically open lower on the ex-dividend date to reflect the payout, which could offset any short-term gains.
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