Equinor ASA Announced an Ordinary Cash Dividend of $0.30/ Share and an Extraordinary Cash Dividend of $0.60/ Share for Second Quarter 2023
Portfolio Pulse from Benzinga Newsdesk
Equinor ASA (NYSE:EQNR) declared an ordinary cash dividend of $0.30/share and an extraordinary cash dividend of $0.60/share for Q2 2023. The NOK dividend will be based on the USDNOK rate around the record date of 15 November 2023.
November 21, 2023 | 7:28 am
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Equinor ASA announced a total dividend of $0.90/share for Q2 2023, with an ordinary dividend of $0.30 and an extraordinary dividend of $0.60.
Dividend announcements, especially those that include an extraordinary dividend, are typically seen as positive signals to investors, reflecting a company's strong financial health and commitment to returning value to shareholders. This can lead to a short-term positive impact on the stock price as investors may buy in to receive the dividend. However, the actual impact on the stock price can vary depending on overall market conditions and investor sentiment.
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