Compass Diversified Hldgs: Dividend Insights
Portfolio Pulse from Benzinga Insights
Compass Diversified Holdings (NYSE:CODI) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, which will be paid on January 25, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.
January 12, 2024 | 2:45 pm
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Compass Diversified Holdings is set to pay a quarterly dividend of 25 cents per share. The stock will likely open lower by the dividend amount on the ex-dividend date.
The stock price is expected to adjust down by the amount of the dividend on the ex-dividend date, which is a common occurrence as the value of the dividend is no longer included in the stock price. This adjustment is typically short-term and reflects the direct impact of the dividend payout.
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