BCB Bancorp: Dividend Insights
Portfolio Pulse from Benzinga Insights
BCB Bancorp (NASDAQ:BCBP) announced a quarterly dividend of 16 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, likely opening 16 cents lower. Shareholders owning the stock by the end of Thursday will receive the dividend on February 16, 2024.
January 30, 2024 | 2:45 pm
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BCB Bancorp is set to pay a quarterly dividend of 16 cents per share, with shares going ex-dividend on Friday and expected to open lower by the dividend amount.
The stock price of BCB Bancorp is likely to decrease 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 accounted for in the stock price. The impact is direct and the importance is high for dividend investors, but it is a routine event that is typically already priced into the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100