Friday Is Your Last Chance To Buy Baker Hughes Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Baker Hughes (NASDAQ:BKR) announced a quarterly dividend of 21 cents per share, with the ex-dividend date set for Monday. Shareholders owning BKR stock by the end of Friday are eligible for the dividend, payable on February 23, 2024.
February 07, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Baker Hughes announced a quarterly dividend of 21 cents per share, with the ex-dividend date this Monday. Eligible shareholders must own the stock by this Friday.
The announcement of a dividend payout typically has a neutral short-term impact on a stock's price. While the stock is expected to open lower on the ex-dividend date by the amount of the dividend, this is a standard adjustment and not indicative of a negative outlook on the stock. The importance is rated at 75 due to the significance of dividend announcements to income-focused investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100