Eaton Vance Tax-mangd Glo's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Eaton Vance Tax-managed Global (NYSE:ETW) will go ex-dividend on Monday, with the last chance for investors to receive the next dividend payout being Friday. The company will pay a monthly dividend of 5.82 cents per share, which will be reflected in the stock trading lower by that amount on the ex-dividend date. Shareholders as of Friday's close are eligible for the dividend, to be paid on January 31, 2024.
January 17, 2024 | 2:46 pm
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Eaton Vance Tax-managed Global (ETW) will pay a monthly dividend of 5.82 cents per share, with the ex-dividend date being Monday. The stock price will likely open lower by the dividend amount on that day.
The stock price of ETW is expected to drop 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 is a short-term impact and is typically priced in automatically by the market.
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