Partners Bancorp: Dividend Insights
Portfolio Pulse from Benzinga Insights
Partners Bancorp (NASDAQ:PTRS) announced a quarterly dividend of 4 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the payout, which will be distributed on November 27, 2023. The stock is expected to open 4 cents lower on the ex-dividend date.
November 14, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Partners Bancorp is set to pay a quarterly dividend of 4 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Partners Bancorp is likely to decrease in the short term by the amount of the dividend as it goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100