Tuesday Is Your Last Chance To Buy Wintrust Finl Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Wintrust Financial Corporation (NASDAQ:WTFC) announced a quarterly dividend of 45 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, payable on February 22, 2024. The stock is expected to open 45 cents lower on the ex-dividend date.
February 02, 2024 | 2:45 pm
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Wintrust Financial Corporation announces a quarterly dividend of 45 cents per share, payable on February 22, 2024. Stock to open lower on ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in stock price on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, WTFC is expected to open 45 cents lower on the ex-dividend date, indicating a direct impact on the stock price due to the dividend payout.
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