Columbia Seligman's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Columbia Seligman (NYSE:STK) announced a quarterly dividend of 46.25 cents per share, going ex-dividend on Friday. Shareholders owning STK by the end of Thursday are eligible for the payout, which will be distributed on February 27, 2024.
February 13, 2024 | 2:45 pm
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Columbia Seligman announces a quarterly dividend of 46.25 cents per share, with the ex-dividend date this Friday. Eligible shareholders will receive the payout on February 27, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on a stock's price. While the ex-dividend date might lead to a slight decrease in stock price to reflect the payout, this is a regular occurrence for stocks that pay dividends and is usually already priced in by the market.
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