Graham Hldgs's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Graham Hldgs (NYSE:GHC) has announced a quarterly dividend of $1.72 per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on February 15, 2024. The stock is expected to open $1.72 lower on the ex-dividend date.
January 26, 2024 | 2:45 pm
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Graham Hldgs will pay a $1.72 quarterly dividend with an ex-dividend date on Wednesday. The stock price is expected to open $1.72 lower to reflect the dividend payout.
The stock price is likely to drop by the amount of the dividend ($1.72) on the ex-dividend date as the dividend is taken out of the stock's price. This is a common occurrence and is typically priced in by the market. The importance is significant as dividends are a key component of shareholder returns, especially for income-focused investors. The confidence level is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100