Eaton Vance Tax-Mgd Glbl's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Eaton Vance Tax-Mgd Glbl (NYSE:EXG) will go ex-dividend on Thursday, with the last chance for investors to receive the next dividend payout being Wednesday. The company will pay a monthly dividend of 5.53 cents per share, and the stock is expected to open 5.53 cents lower on the ex-dividend date. Shareholders owning the stock by the end of Wednesday's session will be eligible for the dividend, which will be paid on December 29, 2023.
December 18, 2023 | 2:46 pm
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Eaton Vance Tax-Mgd Glbl (EXG) will pay a monthly dividend of 5.53 cents per share and is expected to trade lower by that amount on the ex-dividend date.
The stock price of EXG is likely to decrease in the short term by the amount of the dividend, as it goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price. The importance is significant for dividend investors and those tracking the stock's price movements. The confidence level is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100