Boyd Gaming's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Boyd Gaming (NYSE:BYD) has announced a quarterly dividend of 16 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday's session will be eligible for the dividend, which will be paid on January 15, 2024. The stock is expected to open 16 cents lower on the ex-dividend date.
December 18, 2023 | 2:45 pm
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Boyd Gaming will pay a quarterly dividend of 16 cents per share, with the ex-dividend date being this Thursday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Boyd Gaming 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 when stocks go ex-dividend and is typically a temporary adjustment rather than a reflection of the company's fundamentals.
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