Emerson Electric's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Emerson Electric (NYSE:EMR) announced a quarterly dividend of 52.5 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on December 11, 2023. The stock is expected to open 52.5 cents lower on the ex-dividend date.
November 13, 2023 | 2:45 pm
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Emerson Electric (EMR) declared a quarterly dividend of $0.525/share, with the ex-dividend date approaching. Stock price expected to adjust lower by the dividend amount on the ex-dividend date.
The stock price of EMR is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the value of the dividend is no longer included in the stock price. This is a common occurrence and is typically priced in by the market.
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