Thursday Is Your Last Chance To Buy Wynn Resorts Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Wynn Resorts (NASDAQ:WYNN) announced a quarterly dividend of 25 cents per share, with Thursday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Friday, likely opening 25 cents lower. The dividend is scheduled to be paid on November 30, 2023.
November 14, 2023 | 2:45 pm
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Wynn Resorts is set to pay a quarterly dividend of 25 cents per share, with shares likely to open lower by the same amount on the ex-dividend date.
The stock price is expected to drop by the amount of the dividend on the ex-dividend date, which is a common occurrence as the dividend payout is factored into the stock price. This adjustment reflects the distribution of the dividend and is typically anticipated by the market.
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