BlackRock Energy: Dividend Insights
Portfolio Pulse from Benzinga Insights
BlackRock Energy (NYSE:BGR) announced a monthly dividend of 6.57 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 6.57 cents lower to reflect the payout. Eligible shareholders will receive the dividend on December 20, 2023.
December 11, 2023 | 2:45 pm
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BlackRock Energy (BGR) will pay a monthly dividend of 6.57 cents per share, with the ex-dividend date set for Thursday. The stock is likely to open lower by the dividend amount on that day.
The stock price of BGR is expected to drop by the amount of the dividend on the ex-dividend date, which is a common occurrence as the dividend payment is factored into the stock price. This is a short-term impact and does not necessarily reflect the company's long-term value.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100