Phibro Animal Health's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Phibro Animal Health (NASDAQ:PAHC) announced a quarterly dividend of 12 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on December 20, 2023. The stock is expected to open 12 cents lower on the ex-dividend date.
November 23, 2023 | 2:45 pm
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Phibro Animal Health will pay a quarterly dividend of 12 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of PAHC is likely to drop in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend.
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