Big 5 Sporting Goods: Dividend Insights
Portfolio Pulse from Benzinga Insights
Big 5 Sporting Goods (NASDAQ:BGFV) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on March 22, 2024. The stock is expected to open 5 cents lower on the ex-dividend date.
March 04, 2024 | 2:46 pm
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Big 5 Sporting Goods announces a quarterly dividend of 5 cents per share, with an ex-dividend date this Thursday. Eligible shareholders will receive the dividend on March 22, 2024.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price to reflect the payout value, as indicated by the expected lower opening price on the ex-dividend date. This is a common market reaction to dividend payouts.
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IMPORTANCE 80
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