Analog Devices's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Analog Devices (NASDAQ:ADI) announced a quarterly dividend of 92 cents per share, with the ex-dividend date set for Monday. Shareholders owning ADI stock by the end of Friday are eligible for the dividend, payable on March 15, 2024. The stock is expected to open 92 cents lower on the ex-dividend date.
February 28, 2024 | 2:45 pm
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Analog Devices announces a quarterly dividend of 92 cents per share, with an ex-dividend date this Monday. Eligible shareholders must own the stock by end of Friday, with dividends payable on March 15, 2024.
The stock is expected to open 92 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 directly related to the dividend payout.
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