Assurant: Dividend Insights
Portfolio Pulse from Benzinga Insights
Assurant (NYSE:AIZ) has announced a quarterly dividend of 72 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, which means it will likely open 72 cents lower to reflect the payout. Shareholders owning the stock by the end of Thursday will receive the dividend on December 18, 2023.
November 21, 2023 | 2:45 pm
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Assurant is set to pay a quarterly dividend of 72 cents per share, with shares going ex-dividend on Friday. This will likely result in the stock opening lower by the dividend amount.
The stock price of Assurant is expected to drop by the amount of the dividend as it goes ex-dividend, which is a common occurrence as the value of the dividend is accounted for in the stock price. This is a short-term impact and is typically priced in immediately on the ex-dividend date.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100