First Community: Dividend Insights
Portfolio Pulse from Benzinga Insights
First Community (NASDAQ:FCCO) announced it will pay a quarterly dividend of 14 cents per share. The stock will go ex-dividend on Monday, meaning it will likely open 14 cents lower. Shareholders owning FCCO by the end of Friday's session will be eligible for the dividend, which will be paid out on November 14, 2023.
October 25, 2023 | 2:45 pm
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First Community's announcement of a 14 cents per share dividend may cause the stock to open lower on Monday. Shareholders as of Friday's session will receive the dividend on November 14, 2023.
Dividends are typically factored into a stock's price, and the stock price is often adjusted downward on the ex-dividend date to account for the payout. Therefore, FCCO's stock price is likely to open lower on Monday, the ex-dividend date. However, this is a regular part of the dividend process and does not necessarily reflect negatively on the company's performance or value.
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