Glacier Bancorp: Dividend Insights
Portfolio Pulse from Benzinga Insights
Glacier Bancorp (NYSE:GBCI) announced a quarterly dividend of 33 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on December 14, 2023. The stock is expected to open 33 cents lower on the ex-dividend date.
November 29, 2023 | 2:45 pm
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Glacier Bancorp is set to pay a quarterly dividend of 33 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Glacier Bancorp is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend and is typically reflected in the stock's opening price on that date.
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