Investar Holding's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Investar Holding (NASDAQ:ISTR) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Friday. Shareholders owning ISTR stock by the end of Thursday are eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 10 cents lower on the ex-dividend date.
December 26, 2023 | 2:45 pm
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Investar Holding will pay a quarterly dividend of $0.10/share, with shares likely to open lower by the dividend amount on the ex-dividend date.
The stock is expected to open lower by the amount of the dividend on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and is typically priced in by the market.
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