LSI Industries: Dividend Insights
Portfolio Pulse from Benzinga Insights
LSI Industries (NASDAQ:LYTS) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the payout, which will be distributed on February 13, 2024. The stock is expected to open 5 cents lower on the ex-dividend date.
January 30, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
LSI Industries is set to pay a quarterly dividend of 5 cents per share, with shares expected to open 5 cents lower on the ex-dividend date, reflecting the payout.
The stock price of LSI Industries is likely to decrease in the short term by the amount of the dividend payout, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is usually priced in by the market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100