Dow: Dividend Insights
Portfolio Pulse from Benzinga Insights
Dow (NYSE:DOW) announced a quarterly dividend of 70 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning DOW by the end of Tuesday are eligible for the dividend, payable on March 08, 2024. The stock is expected to open 70 cents lower on the ex-dividend date.
February 23, 2024 | 2:45 pm
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Dow announces a quarterly dividend of 70 cents per share, payable on March 08, 2024. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price by the amount of the dividend on the ex-dividend date, as the stock price adjusts to reflect the payout. Therefore, DOW is likely to experience a short-term price decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100