Aberdeen Asia-pacific Inc's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Aberdeen Asia-pacific Inc (AMEX:FAX) announced a monthly dividend of 2.75 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, payable on February 29, 2024. The stock is expected to open 2.75 cents lower on the ex-dividend date.
February 16, 2024 | 2:45 pm
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Aberdeen Asia-pacific Inc (FAX) announced a monthly dividend of 2.75 cents per share, with the ex-dividend date on Wednesday. The stock is expected to open 2.75 cents lower on the ex-dividend date.
The stock is expected to open lower on the ex-dividend date as the dividend payout of 2.75 cents per share is factored into the stock price, leading to a short-term negative impact on the stock price.
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