USA Compression Partners: Dividend Insights
Portfolio Pulse from Benzinga Insights
USA Compression Partners (NYSE:USAC) announced a quarterly dividend of 52.5 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the payout, which will be distributed on February 02, 2024. The stock is expected to open 52.5 cents lower on the ex-dividend date.
January 16, 2024 | 2:45 pm
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USA Compression Partners will pay a quarterly dividend of 52.5 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of USAC is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend and reflects the transfer of value from the company to the shareholders.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100