Wednesday Is Your Last Chance To Buy KKR & Co Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
KKR & Co (NYSE:KKR) announced a quarterly dividend of 16.5 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on March 01, 2024. The stock is expected to open 16.5 cents lower on the ex-dividend date.
February 12, 2024 | 2:45 pm
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KKR & Co announced a quarterly dividend of 16.5 cents per share, with an ex-dividend date this Thursday. Eligible shareholders must own the stock by Wednesday. The payout is scheduled for March 01, 2024.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price to reflect the dividend value, as indicated by the expected opening price being 16.5 cents lower on the ex-dividend date. This is a common market reaction to dividend payouts.
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