Thursday Is Your Last Chance To Buy Adams Natural Res FD Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Adams Natural Res FD (NYSE:PEO) announced a quarterly dividend of $1.05 per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday and is expected to open $1.05 lower to reflect the payout. The dividend is scheduled to be paid on December 15, 2023.
November 14, 2023 | 2:45 pm
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Adams Natural Res FD (PEO) will pay a $1.05 quarterly dividend. The stock will likely open lower by $1.05 on the ex-dividend date, reflecting the payout.
The stock price of PEO is likely to decrease in the short term by the amount of the dividend as it goes ex-dividend, which is a common occurrence as the value of the dividend is accounted for in the stock price.
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