Vail Resorts's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Vail Resorts (NYSE:MTN) announced a quarterly dividend of $2.06 per share, with the ex-dividend date set for Friday. Shareholders owning MTN stock by the end of Thursday's session will be eligible for the dividend, which will be paid on January 9, 2024. The stock is expected to open $2.06 lower on the ex-dividend date.
December 19, 2023 | 2:45 pm
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Vail Resorts (MTN) will pay a $2.06 quarterly dividend with an ex-dividend date on Friday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Vail Resorts 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 and is typically priced in by the market.
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