Luxfer Holdings's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Luxfer Holdings (NYSE:LXFR) announced a quarterly dividend of 13 cents per share, with the ex-dividend date set for Thursday. Shareholders owning LXFR stock by the end of Wednesday are eligible for the dividend, to be paid on February 7, 2024. The stock is expected to open 13 cents lower on the ex-dividend date.
January 15, 2024 | 2:45 pm
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Luxfer Holdings will pay a quarterly dividend of 13 cents per share, with the ex-dividend date being this Thursday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of LXFR is likely to decrease in the short term by the amount of the dividend as it goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price. The impact is significant for dividend investors and those looking to capture the dividend, but it is a routine adjustment for the market.
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