BlackRock Capital's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BlackRock Capital (NYSE:BCAT) announced a monthly dividend of 12.75 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on December 20, 2023. The stock is expected to open 12.75 cents lower on the ex-dividend date.
December 11, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
BlackRock Capital will pay a monthly dividend of 12.75 cents per share, with the ex-dividend date on Thursday. The stock price is expected to open lower by the dividend amount on that day.
The stock price of BCAT 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 and is typically priced in by the market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100