Guaranty Bancshares's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Guaranty Bancshares (NYSE:GNTY) announced a quarterly dividend of 23 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on January 10, 2024. The stock is expected to open 23 cents lower on the ex-dividend date.
December 25, 2023 | 2:45 pm
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Guaranty Bancshares will pay a quarterly dividend of 23 cents per share, with shares trading ex-dividend on Thursday. The stock price is expected to adjust lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop in the short term by the amount of the dividend as the ex-dividend date approaches, which is a common occurrence in the market. This adjustment reflects the payout of the dividend and is typically priced in by the market.
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