Friday Is Your Last Chance To Buy Sachem Cap Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Sachem Cap (AMEX:SACH) has announced a quarterly dividend of 11 cents per share. The stock will go ex-dividend on Monday, 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 07, 2023.
October 25, 2023 | 2:45 pm
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Sachem Cap's stock is expected to trade lower on Monday due to the ex-dividend date. The dividend payout could attract more investors, potentially increasing the stock's demand.
The stock is expected to trade lower on the ex-dividend date as the price adjusts to reflect the payout. However, the dividend announcement could attract more investors, potentially increasing demand for the stock. The actual impact on the stock price will depend on various factors, including market conditions and investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100