Wednesday Is Your Last Chance To Buy Public Service Enterprise Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Public Service Enterprise (NYSE:PEG) announced a quarterly dividend of 57 cents per share, with Wednesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Thursday, likely opening 57 cents lower. The dividend is payable on December 29, 2023.
December 04, 2023 | 2:45 pm
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Public Service Enterprise is set to pay a quarterly dividend of 57 cents per share, with the ex-dividend date being Thursday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Public Service Enterprise is likely to drop 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 when stocks go ex-dividend.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100