Tuesday Is Your Last Chance To Buy Warner Music Gr Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Warner Music Gr (NASDAQ:WMG) announced a quarterly dividend of 17 cents per share, with Tuesday being the last day for investors to be eligible. The stock will go ex-dividend on Wednesday, likely opening 17 cents lower. Dividends will be paid on March 01, 2024.
February 16, 2024 | 2:45 pm
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Warner Music Gr announced a quarterly dividend of 17 cents per share, with the ex-dividend date set for Wednesday. The stock is expected to open 17 cents lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term increase in stock price as investors buy in to receive the dividend. However, the stock is expected to open lower on the ex-dividend date, reflecting the dividend payout. This could lead to a short-term decrease in the stock price.
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