Kinsale Cap Gr's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Kinsale Capital Group (NYSE:KNSL) has announced a quarterly dividend of 14 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend, which will be paid out on December 13, 2023. The stock is expected to open 14 cents lower on the ex-dividend date.
November 23, 2023 | 2:45 pm
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Kinsale Capital Group will pay a quarterly dividend of 14 cents per share, with the ex-dividend date being this Tuesday. The stock price is expected to open 14 cents lower to reflect the dividend payout.
The stock price is likely to decrease by the amount of the dividend on the ex-dividend date as the value of the dividend is accounted for in the stock price. This is a common occurrence and is typically priced in by the market.
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