J&J Snack Foods's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
J&J Snack Foods (NASDAQ:JJSF) has announced a quarterly dividend of 73.5 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on January 9, 2024. The stock is expected to open 73.5 cents lower on Monday to reflect the dividend payout.
December 13, 2023 | 2:45 pm
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J&J Snack Foods will pay a quarterly dividend of 73.5 cents per share, with the ex-dividend date on Monday. The stock is expected to open lower by the dividend amount on that day.
The stock price is likely to drop in the short term by the amount of the dividend as the ex-dividend date approaches, which is a common occurrence as the dividend is priced out of the stock's value.
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