Insight Select Income's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Insight Select Income (NYSE:INSI) announced a quarterly dividend of 20 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on December 27, 2023. The stock is expected to open 20 cents lower on the ex-dividend date.
December 18, 2023 | 2:45 pm
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Insight Select Income (INSI) will pay a quarterly dividend of $0.20/share, with the ex-dividend date on Thursday. The stock price is expected to open lower by the dividend amount on that day.
The stock price is likely to drop by the amount of the dividend on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and is typically priced in by the market.
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