Capitol Federal Finl's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Capitol Federal Finl (NASDAQ:CFFN) has announced a quarterly dividend of 8.5 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders who own CFFN as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on November 17, 2023.
October 30, 2023 | 2:45 pm
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Capitol Federal Finl's announcement of a quarterly dividend of 8.5 cents per share will likely cause the stock to trade lower on Thursday when it goes ex-dividend.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. As Capitol Federal Finl has announced a dividend of 8.5 cents per share, it is expected that the stock will open lower on the ex-dividend date, which is Thursday.
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