Cousins Props's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Cousins Properties (NYSE:CUZ) announced a quarterly dividend of 32 cents per share, with the ex-dividend date being Wednesday. Shareholders owning CUZ stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 16, 2024. The stock is expected to open 32 cents lower on the ex-dividend date to reflect the payout.
December 29, 2023 | 2:45 pm
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Cousins Properties (CUZ) will pay a quarterly dividend of 32 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Cousins Properties is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the value of the dividend is no longer included in the stock price. This is a common occurrence and is typically priced in by the market.
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