WR Berkley's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
WR Berkley (NYSE:WRB) has announced a quarterly dividend of 50 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday's session will be eligible for the dividend, which will be paid on December 27, 2023. The stock is expected to open 50 cents lower on the ex-dividend date to reflect the payout.
December 12, 2023 | 2:45 pm
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WR Berkley will pay a quarterly dividend of 50 cents per share, with the ex-dividend date being this Friday. The stock price is expected to open 50 cents lower on the ex-dividend date.
The stock price is likely to decrease by the amount of the dividend on the ex-dividend date as the dividend payment is factored into the stock price. This is a common occurrence and is typically priced in by the market. The importance is significant as dividends are a key factor for income-focused investors, and the confidence in this analysis is high due to the predictable nature of ex-dividend price adjustments.
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IMPORTANCE 75
RELEVANCE 100