Monday Is Your Last Chance To Buy Alamos Gold Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Alamos Gold (NYSE:AGI) has announced a quarterly dividend of 2.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid out on December 20, 2023. The stock is expected to open 2.5 cents lower on the ex-dividend date.
November 30, 2023 | 2:45 pm
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Alamos Gold (NYSE:AGI) will pay a 2.5 cents per share dividend on December 20, 2023. The stock is expected to trade lower by the dividend amount on the ex-dividend date, Tuesday.
The stock price is likely to decrease by the amount of the dividend on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and is typically short-lived. The importance is moderate as dividends are a regular part of the investment cycle for income-focused investors, and the confidence in this analysis is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100