Kelly Services: Dividend Insights
Portfolio Pulse from Benzinga Insights
Kelly Services (NASDAQ:KELYA) announced a quarterly dividend of 7.5 cents per share, with the ex-dividend date set for Monday. Shareholders owning KELYA by the end of Friday's session are eligible for the dividend, payable on March 13, 2024. The stock is expected to open 7.5 cents lower on the ex-dividend date.
February 21, 2024 | 2:45 pm
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NEGATIVE IMPACT
Kelly Services announced a quarterly dividend of 7.5 cents per share, affecting stock opening price on the ex-dividend date.
The announcement of a 7.5 cents per share dividend by Kelly Services directly impacts its stock, as it is expected to open lower by the dividend amount on the ex-dividend date. This is a common occurrence as the stock price adjusts to reflect the payout. The importance is rated at 75 due to the direct financial impact on shareholders and potential short-term trading strategies around the ex-dividend date. The confidence level is at 90, based on the clear correlation between dividend announcements and stock price adjustments.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100