Weis Markets's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Weis Markets (NYSE:WMK) announced a quarterly dividend of 34 cents per share, with the ex-dividend date set for Thursday. Shareholders owning WMK by the end of Wednesday are eligible for the dividend, payable on March 04, 2024.
February 12, 2024 | 2:45 pm
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Weis Markets announces a quarterly dividend of 34 cents per share, with an ex-dividend date this Thursday. Eligible shareholders must own the stock by Wednesday.
The stock price of Weis Markets is likely to open lower on the ex-dividend date to reflect the dividend payout, as typically observed with stocks on their ex-dividend date. This short-term price adjustment is a common market reaction to account for the cash outflow of the dividend payment.
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