Northfield Bancorp's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Northfield Bancorp (NASDAQ:NFBK) announced a quarterly dividend of 13 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning NFBK stock by the end of Monday are eligible for the dividend, payable on February 21, 2024. The stock is expected to open 13 cents lower on the ex-dividend date.
February 01, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Northfield Bancorp announces a quarterly dividend of 13 cents per share, with an ex-dividend date this Tuesday. Eligible shareholders must own the stock by Monday. The dividend is payable on February 21, 2024.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equivalent to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, NFBK is expected to open 13 cents lower on the ex-dividend date, indicating a direct impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100