Nomad Foods: Dividend Insights
Portfolio Pulse from Benzinga Insights
Nomad Foods (NYSE:NOMD) announced a quarterly dividend of 15 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on February 26, 2024. The stock is expected to open 15 cents lower on the ex-dividend date.
February 05, 2024 | 2:45 pm
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Nomad Foods announced a quarterly dividend of 15 cents per share, with the ex-dividend date this Thursday. Eligible shareholders will receive the payout on February 26, 2024.
The announcement of a dividend payout typically leads to a short-term decrease in stock price equal to the dividend amount on the ex-dividend date, as indicated by the expected opening price being 15 cents lower. This is a standard market reaction to dividend payouts.
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