Thursday Is Your Last Chance To Buy Murphy USA Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Murphy USA (NYSE:MUSA) has announced a quarterly dividend of 41 cents per share, payable on December 01, 2023. The stock will go ex-dividend on Friday, 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.
October 31, 2023 | 2:45 pm
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Murphy USA's announcement of a 41 cents per share dividend may attract investors looking for income, potentially increasing demand for the stock before the ex-dividend date.
Dividend announcements often attract investors looking for income, which can increase demand for the stock. However, the stock price typically drops by the amount of the dividend on the ex-dividend date, reflecting the payout.
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