Omega Flex: Dividend Insights
Portfolio Pulse from Benzinga Insights
Omega Flex (NASDAQ:OFLX) announced a quarterly dividend of 33 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday are eligible for the dividend, to be paid on January 4, 2024. The stock is expected to open 33 cents lower on the ex-dividend date.
December 13, 2023 | 2:45 pm
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Omega Flex set to pay a quarterly dividend of 33 cents per share. Stock will likely open lower by the dividend amount on the ex-dividend date.
The stock price of Omega Flex is likely to decrease in the short term by the amount of the dividend as it goes ex-dividend, which is a common occurrence as the value of the dividend is accounted for in the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100