Wednesday Is Your Last Chance To Buy Alliancebernstein Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Alliancebernstein (NYSE:AFB) has announced a monthly dividend of 3.27 cents per share. The stock will go ex-dividend on Thursday, 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 17, 2023.
October 30, 2023 | 2:45 pm
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Alliancebernstein's announcement of a 3.27 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not necessarily indicative of the company's overall performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. This is a normal part of the dividend process and does not necessarily reflect negatively on the company's overall performance. However, it can lead to a short-term decrease in the stock price.
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