Friday Is Your Last Chance To Buy Roper Techs Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Roper Technologies (NASDAQ:ROP) has announced a quarterly dividend of 75 cents per share, with the ex-dividend date set for Monday. Investors must own ROP shares before the ex-dividend date to be eligible for the dividend, which will be paid on January 23, 2024. The stock is expected to open 75 cents lower on the ex-dividend date.
January 03, 2024 | 2:45 pm
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Roper Technologies will pay a quarterly dividend of 75 cents per share, with the ex-dividend date being the upcoming Monday. The stock is expected to open lower by the amount of the dividend on the ex-dividend date.
The announcement of a dividend is typically a neutral event as the stock price adjusts down by the dividend amount on the ex-dividend date. While it's positive for shareholders to receive the dividend, the price adjustment is a standard practice and does not indicate a change in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100