Acme United's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Acme United (AMEX:ACU) announced a quarterly dividend of 15 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on January 26, 2024. The stock is expected to open 15 cents lower on the ex-dividend date.
January 01, 2024 | 2:45 pm
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Acme United will pay a quarterly dividend of 15 cents per share, with the ex-dividend date being this Thursday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop in the short term by the amount of the dividend as the ex-dividend date approaches, which is a common occurrence in the market. This adjustment reflects the payout of the dividend and is typically priced in by the market.
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