Vector Group's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Vector Group (NYSE:VGR) announced a quarterly dividend of 20 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 20 cents lower on the ex-dividend date.
November 27, 2023 | 2:45 pm
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Vector Group will pay a quarterly dividend of 20 cents per share, with the ex-dividend date being this Thursday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop by the amount of the dividend on the ex-dividend date as the dividend value is accounted for. This is a common occurrence and is typically priced into the stock. However, the actual impact on the stock price can vary based on overall market conditions and investor sentiment.
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