Friday Is Your Last Chance To Buy Viper Energy Partners Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Viper Energy Partners (NASDAQ:VNOM) announced a quarterly dividend of 27 cents per share, with the ex-dividend date set for Monday. Shareholders owning VNOM by the end of Friday are eligible for the dividend, payable on March 12, 2024.
February 28, 2024 | 2:45 pm
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Viper Energy Partners announced a quarterly dividend of 27 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 the stock price on the ex-dividend date, reflecting the payout amount. In this case, VNOM's stock is expected to open 27 cents lower on Monday, directly correlating with the dividend amount.
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