Friday Is Your Last Chance To Buy Calamos Glb Total Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Calamos Glb Total (NASDAQ:CGO) has announced a monthly dividend of 8 cents per share, with the ex-dividend date set for Monday. Investors must own the stock before the ex-dividend date to be eligible for the dividend, which will be paid out on December 18, 2023. Friday is the last chance for investors to buy the stock and receive the dividend payout.
December 06, 2023 | 2:45 pm
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Calamos Glb Total (CGO) will pay an 8 cents per share dividend, with shares trading ex-dividend on Monday. The stock price is expected to open 8 cents lower on the ex-dividend date.
The stock price of CGO is likely to decrease in the short term by the amount of the dividend, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is expected as the value of the dividend is no longer included in the stock price.
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