Friday Is Your Last Chance To Buy Haverty Furniture Cos Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Haverty Furniture Cos (NYSE:HVT) announced a quarterly dividend of 30 cents per share, with the ex-dividend date set for Monday. Shareholders owning HVT stock by the end of Friday's session will be eligible for the dividend, which will be paid on December 13, 2023. The stock is expected to open 30 cents lower on Monday to reflect the dividend payout.
November 22, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Haverty Furniture Cos (HVT) will pay a quarterly dividend of 30 cents per share, with the ex-dividend date on Monday. The stock is likely to open lower by the dividend amount on that day.
The stock price of HVT is expected to decrease in the short term by the amount of the dividend, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is factored into the price by market participants.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100