Apogee Enterprises: Dividend Insights
Portfolio Pulse from Benzinga Insights
Apogee Enterprises (NASDAQ:APOG) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Monday. Shareholders owning APOG stock by the end of Friday's session will be eligible for the dividend, which will be paid on February 14, 2024. The stock is expected to open 25 cents lower on the ex-dividend date to reflect the payout.
January 24, 2024 | 2:45 pm
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Apogee Enterprises will pay a quarterly dividend of 25 cents per share, with the ex-dividend date on Monday. The stock will likely open lower by the dividend amount on that day.
The stock price of APOG 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 and is typically priced in by the market.
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