Xylem's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Xylem (NYSE:XYL) announced a quarterly dividend of 36 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning XYL by the end of Monday are eligible for the dividend, payable on March 20, 2024. The stock is expected to open 36 cents lower on the ex-dividend date.
February 15, 2024 | 2:45 pm
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Xylem announced a quarterly dividend of 36 cents per share, with the ex-dividend date on Tuesday. The stock is expected to open 36 cents lower on the ex-dividend date.
The stock is likely to open lower on the ex-dividend date as the dividend payout is factored into the stock price, leading to a short-term negative impact on XYL's stock price.
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