Flaherty & Crumrine's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Flaherty & Crumrine (NYSE:DFP) announced a monthly dividend of 10.4 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning DFP before the ex-dividend date are eligible for the dividend, which will be paid on December 29, 2023. The stock is expected to open 10.4 cents lower on the ex-dividend date.
December 15, 2023 | 2:45 pm
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Flaherty & Crumrine (NYSE:DFP) will pay a monthly dividend of 10.4 cents per share, with the ex-dividend date on Wednesday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Flaherty & Crumrine is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence for stocks on their ex-dividend date.
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