Procter & Gamble's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Procter & Gamble (NYSE:PG) has announced that shareholders as of Wednesday's session will be eligible for a quarterly dividend of 94.07 cents per share, with the ex-dividend date being Thursday. The stock is expected to open lower by the dividend amount on that day. The dividend is scheduled to be paid on February 15, 2024.
January 15, 2024 | 2:45 pm
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Procter & Gamble will pay a quarterly dividend of 94.07 cents per share, with the ex-dividend date on Thursday. The stock price is expected to adjust lower by the dividend amount on the ex-dividend date.
The stock price of Procter & Gamble is likely to drop in the short term by the amount of the dividend as the ex-dividend date approaches, which is a common occurrence as the value of the dividend is accounted for in the stock price.
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