Civista Bancshares: Dividend Insights
Portfolio Pulse from Benzinga Insights
Civista Bancshares (NASDAQ:CIVB) announced a quarterly dividend of 16 cents per share, going ex-dividend on Monday. Shareholders owning the stock by the end of Friday are eligible for the payout on March 01, 2024. The stock is expected to open 16 cents lower on Monday to reflect the dividend payout.
February 07, 2024 | 2:45 pm
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Civista Bancshares announces a quarterly dividend of 16 cents per share, with the stock going ex-dividend on Monday. This will likely cause the stock to open 16 cents lower.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equivalent to the dividend amount, as the stock goes ex-dividend. In this case, Civista Bancshares' stock is expected to open 16 cents lower on the ex-dividend date, reflecting the dividend payout.
CONFIDENCE 90
IMPORTANCE 80
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