Monday Is Your Last Chance To Buy Equinix Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Equinix (NASDAQ:EQIX) announced a quarterly dividend of $4.26 per share, with the ex-dividend date set for Tuesday. Shareholders owning EQIX by the end of Monday are eligible for the dividend, payable on March 20, 2024. The stock is expected to open $4.26 lower on the ex-dividend date.

February 22, 2024 | 2:45 pm
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Equinix announces a $4.26/share quarterly dividend. Must own by end of Monday for eligibility, with payment on March 20, 2024. Stock to open lower on ex-dividend date.
The announcement of a $4.26 per share dividend by Equinix is significant for investors, especially considering the stock is expected to open lower by the same amount on the ex-dividend date. This decrease in stock price is a direct consequence of the dividend payout, reflecting the transfer of value from the company to the shareholders. Investors need to own the stock by the end of Monday to be eligible for the dividend, making this information crucial for short-term trading strategies.
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