D.R. Horton: Dividend Insights
Portfolio Pulse from Benzinga Insights
D.R. Horton (NYSE:DHI) announced a quarterly dividend of 30 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the payout, which will be distributed on November 28, 2023. The stock is expected to open 30 cents lower on the ex-dividend date to reflect the payout.
November 15, 2023 | 2:45 pm
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D.R. Horton will pay a quarterly dividend of 30 cents per share, with the ex-dividend date being the upcoming Monday. The stock is expected to open lower by the dividend amount on that day.
The stock price of D.R. Horton is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence with stocks on their ex-dividend date.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100