Barings BDC's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barings BDC (NYSE:BBDC) announced a quarterly dividend of 26 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning BBDC stock by the end of Monday are eligible for the dividend, to be paid on March 13, 2024.
February 29, 2024 | 2:45 pm
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Barings BDC announced a quarterly dividend of 26 cents per share, with the ex-dividend date on Tuesday. Eligible shareholders will receive the dividend on March 13, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on the stock price, as the decrease in price on the ex-dividend date is a mechanical adjustment. However, the commitment to returning value to shareholders can be viewed positively in the longer term.
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