Monday Is Your Last Chance To Buy PVH Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
PVH Corp (NYSE:PVH) has announced a quarterly dividend of 3.75 cents per share, with Monday being the last day for investors to buy the stock and be eligible for this dividend. The stock will go ex-dividend on Tuesday, which means it will trade lower by the amount of the dividend. The dividend is scheduled to be paid out on December 20, 2023.
November 23, 2023 | 2:45 pm
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PVH Corp will pay a quarterly dividend of 3.75 cents per share, with the ex-dividend date set for Tuesday. The stock is expected to open slightly lower on the ex-dividend date to reflect the dividend payout.
The announcement of a dividend typically leads to a short-term decrease in the stock price by the amount of the dividend on the ex-dividend date, as the stock price adjusts for the payout. This is a routine event and is usually already priced into the stock, but it can still lead to a slight decrease in the stock price on the ex-dividend date.
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