Voya Global Equity's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Voya Global Equity (NYSE:IGD) announced a monthly dividend of 4 cents per share, with the ex-dividend date set for Friday. Shareholders owning IGD stock by the end of Thursday are eligible for the dividend, which will be paid on December 15, 2023. The stock is expected to open 4 cents lower on the ex-dividend date to reflect the payout.
November 28, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Voya Global Equity (IGD) will pay a monthly dividend of 4 cents per share, with the ex-dividend date on Friday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of IGD 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.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100