Flushing Financial's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Flushing Financial (NASDAQ:FFIC) announced a quarterly dividend of 22 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on December 22, 2023. The stock is expected to open 22 cents lower on the ex-dividend date.
December 04, 2023 | 2:45 pm
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Flushing Financial will pay a quarterly dividend of 22 cents per share, with the ex-dividend date being this Thursday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock is likely to open lower on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and typically does not indicate a change in the company's fundamentals. The impact is short-term and reflects the dividend payment rather than a change in investor sentiment.
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