Tuesday Is Your Last Chance To Buy General Electric Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
General Electric (NYSE:GE) has announced a quarterly dividend of 8 cents per share, with the ex-dividend date set for Wednesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid on January 25, 2024. The stock is expected to open 8 cents lower on the ex-dividend date to reflect the payout.
December 22, 2023 | 2:45 pm
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General Electric is set to pay an 8 cents per share dividend, with shares likely to open lower by the same amount on the ex-dividend date.
The stock price of General Electric is likely to decrease 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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