Employers Holdings: Dividend Insights
Portfolio Pulse from Benzinga Insights
Employers Holdings (NYSE:EIG) announced a quarterly dividend of 28 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the payout on March 13, 2024. The stock is expected to open 28 cents lower on the ex-dividend date.
February 22, 2024 | 2:45 pm
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NEUTRAL IMPACT
Employers Holdings announced a quarterly dividend of 28 cents per share, with the ex-dividend date on Tuesday. Eligible shareholders will receive the payout on March 13, 2024.
The announcement of a dividend payout typically has a neutral to slightly positive impact on a company's stock price in the short term. However, the stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which is a standard practice and should not alarm investors. The importance is rated at 75 due to the significance of dividend announcements to shareholders, especially those focused on income investing.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100