Tuesday Is Your Last Chance To Buy Accenture Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Accenture (NYSE:ACN) has announced a quarterly dividend payout of $1.29 per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will likely open $1.29 lower to reflect the payout. Shareholders owning ACN by the end of Tuesday's session will receive the dividend on February 15, 2024.
January 12, 2024 | 2:45 pm
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Accenture is set to pay a $1.29 quarterly dividend per share, with shares going ex-dividend on Wednesday. The stock price is expected to open lower by the dividend amount.
The stock price is likely to drop by the amount of the dividend as the shares go ex-dividend, which is a common occurrence as the market adjusts for the payout. This is a short-term impact and does not necessarily reflect the company's long-term value.
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