Radian Group's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Radian Group (NYSE:RDN) announced a quarterly dividend of 24.5 cents per share, with the ex-dividend date set for Friday. Shareholders owning RDN by the end of Thursday are eligible for the dividend, payable on March 12, 2024. The stock is expected to open 24.5 cents lower on the ex-dividend date.
February 20, 2024 | 2:45 pm
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Radian Group announces a quarterly dividend of 24.5 cents per share, with an ex-dividend date this Friday. Eligible shareholders must own the stock by Thursday. The dividend is payable on March 12, 2024.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equal to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, RDN is expected to open 24.5 cents lower on the ex-dividend date, indicating a short-term negative impact on the stock price.
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