Northern Technologies: Dividend Insights
Portfolio Pulse from Benzinga Insights
Northern Technologies (NASDAQ:NTIC) announced a quarterly dividend of 7 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, to be paid on February 14, 2024. The stock is expected to open 7 cents lower on the ex-dividend date.
January 25, 2024 | 2:45 pm
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Northern Technologies will pay a quarterly dividend of 7 cents per share, with shares likely to open lower by the dividend amount on the ex-dividend date.
The stock price of NTIC 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 investors. The importance is moderate as dividends are a regular part of NTIC's investment appeal, and the confidence is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100