Thursday Is Your Last Chance To Buy MV Oil Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
MV Oil (NYSE:MVO) has announced a quarterly dividend of 46.5 cents per share, with the ex-dividend date set for Friday. Shareholders must own the stock before the ex-dividend date to be eligible for the dividend, which will be paid out on January 25, 2024. The stock is expected to open 46.5 cents lower on the ex-dividend date.
January 09, 2024 | 2:45 pm
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MV Oil will pay a quarterly dividend of 46.5 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The announcement of a dividend typically does not have a significant impact on the stock price beyond the mechanical adjustment lower on the ex-dividend date. Investors who purchase before the ex-dividend date are entitled to the dividend, which is a routine event for dividend-paying companies.
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