Amkor Tech: Dividend Insights
Portfolio Pulse from Benzinga Insights
Amkor Tech (NASDAQ:AMKR) has announced a quarterly dividend of 7.88 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 26, 2023. The stock is expected to open 7.88 cents lower on the ex-dividend date to reflect the payout.

November 29, 2023 | 2:45 pm
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NEGATIVE IMPACT
Amkor Tech will pay a quarterly dividend of 7.88 cents per share, with the ex-dividend date being the upcoming Monday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Amkor Tech 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 with stocks on their ex-dividend date. The importance is rated high because dividends are a significant event for shareholders, but not at the maximum because it is a regular quarterly occurrence and the amount is relatively small. The confidence level is high due to the predictable nature of stock price adjustments on ex-dividend dates.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100