Kearny Financial: Dividend Insights
Portfolio Pulse from Benzinga Insights
Kearny Financial (NASDAQ:KRNY) announced a quarterly dividend of 11 cents per share, going ex-dividend on Tuesday. Shareholders owning the stock by Monday are eligible for the payout on February 21, 2024. The stock is expected to open 11 cents lower on Tuesday.
February 01, 2024 | 2:45 pm
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Kearny Financial announced a quarterly dividend of 11 cents per share, with the stock going ex-dividend on Tuesday. This will likely cause the stock to open 11 cents lower.
The announcement of a dividend payout often leads to a short-term decrease in stock price equal to the dividend amount, as the stock goes ex-dividend. In this case, KRNY's stock is expected to open 11 cents lower on the ex-dividend date, reflecting the dividend payout.
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