REV Group's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
REV Group (NYSE:REVG) has announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the dividend, which will be paid on January 12, 2024. The stock is expected to open 5 cents lower on the ex-dividend date to reflect the payout.
December 19, 2023 | 2:45 pm
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REV Group will pay a quarterly dividend of 5 cents per share, with the ex-dividend date being this Friday. The stock is likely to open 5 cents lower on the ex-dividend date.
The stock price of REV Group is expected to decrease by the amount of the dividend on the ex-dividend date, which is a common occurrence as the value of the dividend is no longer included in the stock price. This is a short-term impact and is typically priced in by the market.
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