Primerica's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Primerica (NYSE:PRI) announced a quarterly dividend of 75 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning PRI by the end of Monday are eligible for the dividend, payable on March 12, 2024. The stock is expected to open 75 cents lower on the ex-dividend date.
February 15, 2024 | 2:45 pm
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Primerica announces a quarterly dividend of 75 cents per share, with an ex-dividend date this Tuesday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The announcement of Primerica's quarterly dividend and the subsequent ex-dividend date typically leads to a short-term decrease in the stock price, reflecting the dividend payout. This is a common occurrence as the stock price adjusts to account for the dividend payment, making it likely that PRI's stock will experience a short-term dip.
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