LCNB: Dividend Insights
Portfolio Pulse from Benzinga Insights
LCNB Corp (NASDAQ:LCNB) announced a quarterly dividend of 22 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 on March 15, 2024. The stock is expected to open 22 cents lower on the ex-dividend date.
February 26, 2024 | 2:45 pm
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LCNB Corp announced a quarterly dividend of 22 cents per share, with an ex-dividend date this Thursday. The stock is expected to open 22 cents lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equivalent to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100