ICL Group: Dividend Insights
Portfolio Pulse from Benzinga Insights
ICL Group (NYSE:ICL) announced a quarterly dividend of 5.31 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday are eligible for the dividend, which will be paid on December 20, 2023. The stock is expected to open 5.31 cents lower on the ex-dividend date.
November 29, 2023 | 2:45 pm
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ICL Group will pay a quarterly dividend of 5.31 cents per share, with the ex-dividend date approaching on Monday. The stock price is expected to adjust lower by the dividend amount on that day.
The stock price 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 into the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100