Eagle Bancorp's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Eagle Bancorp (NASDAQ: EGBN) has announced a quarterly dividend of 45 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 31, 2024. The stock is expected to open 45 cents lower on the ex-dividend date to reflect the payout.
January 05, 2024 | 2:45 pm
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Eagle Bancorp will pay a quarterly dividend of 45 cents per share, with the ex-dividend date being this Wednesday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Eagle Bancorp 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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