Tuesday Is Your Last Chance To Buy Johnson Outdoors Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Johnson Outdoors (NASDAQ:JOUT) has announced a quarterly dividend of 33 cents per share, with Tuesday being the last day for investors to buy shares and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will likely open 33 cents lower. The dividend is scheduled to be paid on January 25, 2024.
January 05, 2024 | 2:45 pm
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Johnson Outdoors is set to pay a quarterly dividend of 33 cents per share, with shares needing to be purchased by Tuesday to be eligible. The stock will go ex-dividend on Wednesday and is expected to open lower by the dividend amount.
The stock price of Johnson Outdoors is likely to decrease in the short term as it goes ex-dividend, which is a common occurrence as the stock price adjusts for the dividend payout. The importance is high for dividend investors, and the confidence in this analysis is strong due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100