Global Indemnity Group's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Global Indemnity Group (NYSE:GBLI) announced a quarterly dividend of 25 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 29, 2023. The stock is expected to open 25 cents lower on the ex-dividend date.
December 18, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Global Indemnity Group will pay a quarterly dividend of 25 cents per share. The stock will likely open lower by the dividend amount on the ex-dividend date.
Stocks typically drop by the dividend amount on the ex-dividend date as the dividend value is factored out of the stock price. This is a predictable short-term impact directly related to the dividend payment.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100