HarborOne Bancorp's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
HarborOne Bancorp (NASDAQ:HONE) announced a quarterly dividend of 7.5 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 18, 2024. The stock is expected to open 7.5 cents lower on the ex-dividend date.
December 29, 2023 | 2:45 pm
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HarborOne Bancorp will pay a quarterly dividend of 7.5 cents per share, with the ex-dividend date being this Wednesday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock is likely to open lower on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and is typically reflected in a temporary decrease in the stock's price equivalent to the dividend amount.
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