Wednesday Is Your Last Chance To Buy Blackrock Enhanced Intl Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Blackrock Enhanced Intl (NYSE:BGY) announced a monthly dividend of 3.38 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 3.38 cents lower to reflect the payout. Shareholders owning BGY by the end of Wednesday will receive the dividend on December 20, 2023.
December 11, 2023 | 2:45 pm
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Blackrock Enhanced Intl (BGY) will pay a 3.38 cents per share dividend, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of BGY 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.
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