Smith & Wesson Brands: Dividend Insights
Portfolio Pulse from Benzinga Insights
Smith & Wesson Brands (NASDAQ:SWBI) announced a quarterly dividend of 12 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 04, 2024. The stock is expected to open 12 cents lower on the ex-dividend date.
December 15, 2023 | 2:45 pm
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Smith & Wesson Brands will pay a 12 cents quarterly dividend, with shares likely to open lower by the same amount on the ex-dividend date.
The stock price of SWBI is expected to decrease by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence and is typically priced in by the market.
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