Macquarie/First Trust Glb's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Macquarie/First Trust Glb (NYSE:MFD) announced a quarterly dividend of 20 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on December 01, 2023. The stock is expected to open 20 cents lower on the ex-dividend date.
November 17, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Macquarie/First Trust Glb (MFD) will pay a quarterly dividend of 20 cents per share, with the ex-dividend date on Wednesday. The stock is expected to open lower by the dividend amount on that day.
The stock price of MFD is likely to drop in the short term by the amount of the dividend on the ex-dividend date, as the dividend payout is factored into the stock price. This is a common occurrence when stocks go ex-dividend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100