Belden: Dividend Insights
Portfolio Pulse from Benzinga Insights
Belden (NYSE:BDC) has announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning BDC stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 09, 2024. The stock is expected to open 5 cents lower on the ex-dividend date to reflect the payout.
December 08, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Belden (NYSE:BDC) will pay a quarterly dividend of 5 cents per share, with shares expected to open 5 cents lower on the ex-dividend date.
The stock price of Belden 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 usually priced in by the market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100