World Kinect: Dividend Insights
Portfolio Pulse from Benzinga Insights
World Kinect (NYSE:WKC) announced a quarterly dividend of 14 cents per share, with Thursday being the last day for investors to be eligible for the next payout. The stock will go ex-dividend on Friday, likely opening 14 cents lower. Shareholders owning the stock by the end of Thursday will receive the dividend on January 16, 2024.
December 12, 2023 | 2:45 pm
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World Kinect (NYSE:WKC) will pay a quarterly dividend of 14 cents per share. The stock will trade ex-dividend on Friday and is expected to open lower by the dividend amount.
The stock price of World Kinect 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. However, this is a short-term impact and does not necessarily reflect the company's long-term value.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100