Friday Is Your Last Chance To Buy Primo Water Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Primo Water (NYSE:PRMW) announced a quarterly dividend of 8 cents per share, with the ex-dividend date set for Monday. Shareholders owning PRMW stock by the end of Friday are eligible for the dividend, which will be paid on December 1, 2023. The stock is expected to open 8 cents lower on Monday to reflect the dividend payout.
November 15, 2023 | 2:45 pm
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Primo Water will pay an 8 cents per share dividend, with shares likely to open lower on the ex-dividend date to reflect the payout.
The stock price is expected to adjust down by the amount of the dividend on the ex-dividend date, which is a common occurrence as the dividend value is accounted for in the stock price.
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