Wednesday Is Your Last Chance To Buy Preformed Line Products Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Preformed Line Products (NASDAQ:PLPC) announced a quarterly dividend of 20 cents per share, with the ex-dividend date being Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on January 19, 2024. The stock is expected to open 20 cents lower on the ex-dividend date.
January 01, 2024 | 2:45 pm
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Preformed Line Products is set to pay a quarterly dividend of 20 cents per share. The stock will likely open lower by the dividend amount on the ex-dividend date.
The stock price of PLPC is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend.
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