Academy Sports's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Academy Sports (NASDAQ:ASO) announced a quarterly dividend of 9 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on January 10, 2024. The stock is expected to open 9 cents lower on the ex-dividend date to reflect the payout.
December 07, 2023 | 2:45 pm
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Academy Sports will pay a quarterly dividend of 9 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of ASO is likely to decrease 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.
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