Tuesday Is Your Last Chance To Buy Allegiant Travel Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Allegiant Travel (NASDAQ:ALGT) announced a quarterly dividend of 60 cents per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 60 cents lower. The dividend payout is scheduled for March 01, 2024.
February 09, 2024 | 2:45 pm
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Allegiant Travel announced a quarterly dividend of 60 cents per share, with the stock going ex-dividend on Wednesday, indicating a likely opening price 60 cents lower.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price as it goes ex-dividend, reflecting the payout amount. In this case, ALGT is expected to open 60 cents lower on Wednesday, directly impacting short-term stock price movement.
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