MFS Special Value: Dividend Insights
Portfolio Pulse from Benzinga Insights
MFS Special Value (NYSE:MFV) announced a monthly dividend of 3.67 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on February 29, 2024. The stock is expected to open 3.67 cents lower on the ex-dividend date.
February 08, 2024 | 2:45 pm
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MFS Special Value announced a monthly dividend of 3.67 cents per share, with an ex-dividend date this 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 equivalent to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, MFV is expected to open 3.67 cents lower on the ex-dividend date, indicating a direct impact on the stock price.
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