Newell Brands: Dividend Insights
Portfolio Pulse from Benzinga Insights
Newell Brands (NASDAQ:NWL) announced a quarterly dividend of 7 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout, which will be distributed on March 15, 2024. The stock is expected to open 7 cents lower on the ex-dividend date.
February 23, 2024 | 2:45 pm
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Newell Brands announces a quarterly dividend of 7 cents per share, with an ex-dividend date this Wednesday. Eligible shareholders will receive the payout on March 15, 2024.
The announcement of a dividend payout typically has a positive impact on investor sentiment towards a stock. However, the stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100