Bancroft Fund: Dividend Insights
Portfolio Pulse from Benzinga Insights
Bancroft Fund (AMEX:BCV) announced a quarterly dividend of 32 cents per share, with Monday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Tuesday, meaning it will likely open 32 cents lower. The dividend is scheduled to be paid on December 28, 2023.
November 16, 2023 | 2:45 pm
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Bancroft Fund (BCV) will pay a quarterly dividend of 32 cents per share, with the ex-dividend date set for Tuesday. The stock is expected to open lower by the dividend amount on that day.
The stock price of BCV is likely to drop in the short term by the amount of the dividend as it goes ex-dividend, which is a common occurrence when stocks trade without the value of the upcoming dividend payment.
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