BlackRock Resources: Dividend Insights
Portfolio Pulse from Benzinga Insights
BlackRock Resources (NYSE:BCX) announced a monthly dividend of 5.18 cents per share, with Wednesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Thursday and is expected to open 5.18 cents lower to reflect the payout. The dividend will be paid on December 20, 2023, to shareholders who own the stock by the end of Wednesday's session.
December 11, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BlackRock Resources (BCX) will pay a monthly dividend of 5.18 cents per share, with the ex-dividend date set for Thursday. The stock is expected to open lower by the dividend amount on that day.
The stock price of BCX is likely to decrease in the short term by the amount of the dividend as it goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price. The impact is typically short-lived and corresponds exactly to the dividend amount.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100