Douglas Dynamics: Dividend Insights
Portfolio Pulse from Benzinga Insights
Douglas Dynamics (NYSE:PLOW) announced a quarterly dividend of 29.5 cents per share, with the ex-dividend date set for Monday. Shareholders owning PLOW by the end of Friday's session will be eligible for the dividend, which will be paid on December 29, 2023. The stock is expected to open 29.5 cents lower on the ex-dividend date.
December 13, 2023 | 2:45 pm
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Douglas Dynamics set to pay a quarterly dividend of 29.5 cents per share. Stock will likely open lower by the dividend amount on the ex-dividend date.
The stock price of PLOW is expected to decrease by the amount of the dividend on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and is typically priced in by the market.
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RELEVANCE 100