Friday Is Your Last Chance To Buy HBT Finl Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
HBT Financial (NASDAQ:HBT) has announced a quarterly dividend of 17 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 14, 2023.
November 01, 2023 | 2:46 pm
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HBT Financial's announcement of a 17 cents per share dividend may lead to increased buying before the ex-dividend date, potentially boosting the stock price in the short term. However, the stock is expected to trade lower on the ex-dividend date.
Dividend announcements often lead to increased buying as investors seek to qualify for the dividend, potentially boosting the stock price in the short term. However, stocks typically trade lower on the ex-dividend date as the price adjusts to reflect the payout.
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