Monday Is Your Last Chance To Buy Barings BDC Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Barings BDC (NYSE:BBDC) has announced a quarterly dividend of 26 cents per share, with Monday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Tuesday, meaning it will likely open 26 cents lower. The dividend is scheduled to be paid on December 13, 2023.
November 30, 2023 | 2:45 pm
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Barings BDC is set to pay a quarterly dividend of 26 cents per share, with the ex-dividend date being this Tuesday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The announcement of a dividend typically does not have a significant long-term impact on a stock's price, but it does lead to a short-term adjustment. The stock price is expected to drop by the amount of the dividend on the ex-dividend date, which is a standard occurrence and is already anticipated by the market. Therefore, the short-term impact is neutral.
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