MVB Financial's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
MVB Financial (NASDAQ:MVBF) announced a quarterly dividend of 17 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on March 15, 2024. The stock is expected to open 17 cents lower on the ex-dividend date.
February 26, 2024 | 2:45 pm
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MVB Financial announced a quarterly dividend of 17 cents per share, with an ex-dividend date this Thursday. 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.
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