Bentley Systems's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Bentley Systems (NASDAQ:BSY) has announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Friday. Shareholders owning BSY stock by the end of Thursday's session will be eligible for the dividend, which will be paid on December 14, 2023. The stock is expected to open 5 cents lower on the ex-dividend date to reflect the payout.
November 28, 2023 | 2:45 pm
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Bentley Systems has declared a quarterly dividend of 5 cents per share, with the ex-dividend date being this Friday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Bentley Systems is likely to decrease in the short term by the amount of the dividend, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is usually priced in by the market. The importance is moderate as dividends are a regular part of the stock's investment appeal, and the confidence in this analysis is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100