Monday Is Your Last Chance To Buy MFS Multimarket IT Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
MFS Multimarket IT (NYSE:MMT) has announced a monthly dividend payout of 3.21 cents per share. Monday is the last day for investors to buy the stock and be eligible for this dividend. The stock will go ex-dividend on Tuesday and is expected to open 3.21 cents lower. The dividend will be paid on December 29, 2023.
December 14, 2023 | 2:45 pm
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MFS Multimarket IT (NYSE:MMT) will pay a 3.21 cents dividend per share, with Monday being the last day to purchase the stock to be eligible. The stock will likely open lower on Tuesday by the dividend amount.
The stock is expected to drop by the amount of the dividend on the ex-dividend date, which is a common occurrence as the value of the dividend is no longer included in the stock price. This anticipated drop is typically short-term and reflects the immediate adjustment for the dividend payout.
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IMPORTANCE 80
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