Wednesday Is Your Last Chance To Buy CSW Industrials Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
CSW Industrials (NASDAQ:CSWI) announced a quarterly dividend of 19 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, to be paid on February 09, 2024. The stock is expected to open 19 cents lower on the ex-dividend date.
January 22, 2024 | 2:45 pm
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CSW Industrials will pay a quarterly dividend of 19 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
Stocks typically drop by the dividend amount on the ex-dividend date as the dividend value is factored out of the stock price. This is a predictable short-term impact, although the long-term effect on the stock price due to dividends is generally seen as positive.
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