Tuesday Is Your Last Chance To Buy Flaherty & Crumrine Total Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Flaherty & Crumrine Total (NYSE:FLC) announced a monthly dividend of 8.35 cents per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will trade lower by the dividend amount. The dividend is payable on December 29, 2023.
December 15, 2023 | 2:45 pm
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Flaherty & Crumrine Total (FLC) will pay an 8.35 cents dividend per share, with the ex-dividend date set for Wednesday. The stock price is expected to open lower by the dividend amount on that day.
The stock is expected to drop by the amount of the dividend on the ex-dividend date, which is a common occurrence as the dividend payout is factored into the stock price. This anticipated drop is typically short-term and reflects the distribution of the dividend rather than a change in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100