American National's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
American National (NASDAQ:AMNB) announced a quarterly dividend of 30 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on December 15, 2023. The stock is expected to open 30 cents lower on the ex-dividend date.
November 27, 2023 | 2:45 pm
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American National (AMNB) will pay a quarterly dividend of 30 cents per share, with the ex-dividend date being this Thursday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to decrease in the short term 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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