Snap-on: Dividend Insights
Portfolio Pulse from Benzinga Insights
Snap-on (NYSE:SNA) announced a quarterly dividend of $1.86 per share, with the ex-dividend date set for Friday. Shareholders owning SNA stock by the end of Thursday are eligible for the payout on March 11, 2024. The stock is expected to open $1.86 lower on the ex-dividend date.
February 20, 2024 | 2:45 pm
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NEGATIVE IMPACT
Snap-on announced a quarterly dividend of $1.86 per share, affecting stock price on the ex-dividend date.
The announcement of a $1.86 per share dividend by Snap-on directly impacts its stock as it will likely open $1.86 lower on the ex-dividend date. This is a common occurrence as stocks adjust to reflect the dividend payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100