PBF Energy's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
PBF Energy (NYSE:PBF) announced a quarterly dividend of 25 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 14, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.
February 23, 2024 | 2:45 pm
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PBF Energy announces a quarterly dividend of 25 cents per share with an ex-dividend date this Wednesday. Eligible shareholders must own the stock by end of Tuesday, with the payout on March 14, 2024.
The stock is expected to open 25 cents lower on the ex-dividend date as the dividend payout is reflected in the stock price. This is a common occurrence on ex-dividend dates and is likely to have a short-term negative impact on the stock price.
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