Servisfirst Bancshares's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Servisfirst Bancshares (NYSE:SFBS) announced a quarterly dividend of 30 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the dividend, which will be paid on January 8, 2024. The stock is expected to open 30 cents lower on the ex-dividend date.
December 26, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Servisfirst Bancshares will pay a quarterly dividend of 30 cents per share, with the ex-dividend date on Friday. The stock will likely open lower by the dividend amount on that day.
The stock price of SFBS is expected to drop by the amount of the dividend on the ex-dividend date, which is a common occurrence as the dividend payment is factored into the stock price. This is a short-term impact and does not necessarily reflect the company's long-term value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100