Thursday Is Your Last Chance To Buy Marcus Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Marcus (NYSE:MCS) announced a quarterly dividend of 7 cents per share, with the ex-dividend date set for Friday. Shareholders owning MCS by the end of Thursday are eligible for the dividend, payable on March 15, 2024. The stock is expected to open 7 cents lower on the ex-dividend date.
February 27, 2024 | 2:45 pm
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Marcus announced a quarterly dividend of 7 cents per share, affecting stock price on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in stock price on the ex-dividend date, reflecting the payout amount. In this case, Marcus's stock is expected to open 7 cents lower on the ex-dividend date, directly correlating with the dividend amount.
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