Monday Is Your Last Chance To Buy Mfs Investment Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Mfs Investment (NYSE:CXH) announced a monthly dividend of 2.35 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning CXH by the end of Monday are eligible for the dividend, payable on February 29, 2024. The stock is expected to open 2.35 cents lower on the ex-dividend date.
February 08, 2024 | 2:45 pm
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Mfs Investment (CXH) announces a monthly dividend of 2.35 cents per share, with the ex-dividend date on Tuesday. The stock will likely open lower by the dividend amount on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price by the amount of the dividend on the ex-dividend date, as the stock price adjusts to reflect the payout.
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