Friday Is Your Last Chance To Buy Evertec Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Evertec (NYSE:EVTC) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Monday. Shareholders owning EVTC by the end of Friday's session will be eligible for the dividend, payable on March 15, 2024. The stock is expected to open 5 cents lower on Monday to reflect the dividend payout.
February 21, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Evertec announces a quarterly dividend of 5 cents per share, affecting stock price on the ex-dividend date.
The announcement of a dividend typically leads to a short-term decrease in the stock price on the ex-dividend date, reflecting the payout. In this case, Evertec's stock is expected to open 5 cents lower on Monday, directly correlating with the dividend amount.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100