Thursday Is Your Last Chance To Buy WR Berkley Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Thursday is the last day for investors to buy WR Berkley (NYSE:WRB) shares to be eligible for the next dividend payout of 11 cents per share. The stock will go ex-dividend on Friday, likely opening 11 cents lower. The dividend will be paid on March 13, 2024.
February 27, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
WR Berkley will pay a quarterly dividend of 11 cents per share, with the stock going ex-dividend on Friday, likely affecting its opening price.
The announcement of WR Berkley's dividend payout and the subsequent ex-dividend date typically leads to a short-term decrease in stock price as the stock adjusts to reflect the dividend payout. Investors buying before the ex-dividend date are eligible for the dividend, which can lead to increased buying interest before the date and a potential drop in price on the ex-dividend date.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100