Elbit Systems: Dividend Insights
Portfolio Pulse from Benzinga Insights
Elbit Systems (NASDAQ:ESLT) announced a quarterly dividend of 50 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the payout, which will be distributed on January 08, 2024. The stock is expected to open 50 cents lower on the ex-dividend date.
December 19, 2023 | 2:45 pm
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Elbit Systems set to pay a $0.50/share quarterly dividend. Eligibility requires ownership by end of Thursday, with payment on January 8, 2024. Stock likely to open lower on ex-dividend date.
The stock is expected to open lower on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and typically does not indicate a change in the company's fundamentals. The impact is short-term and reflects the dividend payment adjustment.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100