abrdn Glb Infr Inc Fd's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
abrdn Glb Infr Inc Fd (NYSE:ASGI) will go ex-dividend on Tuesday, with the last chance for investors to receive the next dividend payout being Monday. The company will pay a monthly dividend of 16 cents per share, with the stock expected to open 16 cents lower on the ex-dividend date. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend, which will be paid on January 31, 2024.
January 18, 2024 | 2:45 pm
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abrdn Glb Infr Inc Fd (ASGI) will pay a monthly dividend of 16 cents per share and is expected to trade lower by that amount on the ex-dividend date, Tuesday.
The stock price of ASGI 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, reflecting the distribution of earnings to shareholders.
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