Friday Is Your Last Chance To Buy Pathward Financial Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Pathward Financial (NASDAQ:CASH) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Monday. Investors must own the stock before this date to be eligible for the dividend, which will be paid on January 2, 2024. The stock is expected to open 5 cents lower on the ex-dividend date to reflect the payout.
December 06, 2023 | 2:45 pm
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Pathward Financial is set to pay a quarterly dividend of 5 cents per share. The stock will likely open lower by the dividend amount on the ex-dividend date.
The stock price of Pathward Financial is likely to decrease in the short term by the amount of the dividend as the stock goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price. The importance is significant for dividend investors, and the confidence in this analysis is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100