Pegasystems: Dividend Insights
Portfolio Pulse from Benzinga Insights
Pegasystems (NASDAQ:PEGA) has announced a quarterly dividend of 3 cents per share, with the ex-dividend date set for Friday. Shareholders owning PEGA stock by the end of Thursday are eligible for the dividend, which will be paid on January 16, 2024. The stock is expected to open 3 cents lower on the ex-dividend date.
December 26, 2023 | 2:45 pm
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Pegasystems is set to pay a quarterly dividend of 3 cents per share, with shares likely to open 3 cents lower on the ex-dividend date this Friday.
The stock price of Pegasystems is likely to decrease in the short term by the amount of the dividend payout, as is typical when stocks go ex-dividend. This is a predictable, short-term impact directly related to the dividend payment process.
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