Everest Group's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Everest Group (NYSE:EG) will pay a quarterly dividend of $1.75 per share. The ex-dividend date is Tuesday, meaning shares will trade lower by the dividend amount. Shareholders as of Monday's close are eligible for the dividend, which will be paid on December 15, 2023.
November 23, 2023 | 2:45 pm
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Everest Group will pay a $1.75/share dividend. The ex-dividend date is Tuesday, and the stock will likely open $1.75 lower to reflect the payout.
The stock price of Everest Group is expected to decrease by the amount of the dividend on the ex-dividend date, as the value of the dividend is no longer included in the stock price. This is a common occurrence and is typically priced in by the market.
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