Friday Is Your Last Chance To Buy Sensient Technologies Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Sensient Technologies (NYSE:SXT) has announced a quarterly dividend of 41 cents per share, with the ex-dividend date set for Monday. Shareholders owning SXT stock by the end of Friday's session will be eligible for the dividend, which will be paid out on March 01, 2024. The stock is expected to open 41 cents lower on Monday due to the dividend payout adjustment.
January 31, 2024 | 2:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Sensient Technologies is set to pay a quarterly dividend of 41 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of Sensient Technologies is likely to decrease in the short term by the amount of the dividend as the stock goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price. However, the overall impact on the stock price may be minimal as dividends are typically priced in by the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100