Levi Strauss: Dividend Insights
Portfolio Pulse from Benzinga Insights
Levi Strauss (NYSE:LEVI) announced a quarterly dividend of 12 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, payable on February 23, 2024. The stock is expected to open 12 cents lower on Tuesday to reflect the dividend payout.
February 01, 2024 | 2:45 pm
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Levi Strauss announced a quarterly dividend of 12 cents per share, payable on February 23, 2024, to shareholders on record by the end of Monday. The stock is expected to open lower by 12 cents on Tuesday.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equal to the dividend amount, as the stock goes ex-dividend. In this case, LEVI is expected to open 12 cents lower on Tuesday, reflecting the dividend payout.
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