Signet Jewelers's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Signet Jewelers (NYSE:SIG) announced a quarterly dividend of 23 cents per share, with the ex-dividend date set for Thursday. Shareholders owning SIG stock by the end of Wednesday are eligible for the dividend, to be paid on February 23, 2024. The stock is expected to open 23 cents lower on the ex-dividend date.
January 22, 2024 | 2:46 pm
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Signet Jewelers will pay a quarterly dividend of 23 cents per share, with the ex-dividend date being this Thursday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Signet Jewelers 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 is typically reflected in a temporary drop in the stock price.
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