Tuesday Is Your Last Chance To Buy AptarGroup Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
AptarGroup (NYSE:ATR) has announced a quarterly dividend of 41 cents per share, with Tuesday being the last day for investors to buy shares and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will likely open 41 cents lower. Shareholders owning ATR by the end of Tuesday will receive the dividend on February 22, 2024.
January 26, 2024 | 2:45 pm
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AptarGroup is set to pay a quarterly dividend of 41 cents per share, with shares needing to be purchased by Tuesday to be eligible. The stock will trade ex-dividend on Wednesday, potentially opening 41 cents lower.
The stock price of AptarGroup is likely to drop in the short term by the amount of the dividend, as it goes ex-dividend. This is a common occurrence as the value of the dividend is no longer included in the stock price. However, this is a short-term impact and does not necessarily reflect the company's long-term value.
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