Albertsons Companies's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Albertsons Companies (NYSE:ACI) announced a quarterly dividend of 12 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 12 cents lower on the ex-dividend date.

January 22, 2024 | 2:45 pm
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Albertsons Companies will pay a quarterly dividend of 12 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock is likely to open lower on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and is typically priced in by the market. The importance is moderate as dividends are a regular part of the company's capital return policy, but the exact impact on the stock price can vary.
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IMPORTANCE 60
RELEVANCE 100