United Fire Gr: Dividend Insights
Portfolio Pulse from Benzinga Insights
United Fire Gr (NASDAQ:UFCS) announced a quarterly dividend of 16 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 on March 22, 2024. The stock is expected to open 16 cents lower on the ex-dividend date.
March 04, 2024 | 2:46 pm
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United Fire Gr announced a quarterly dividend of 16 cents per share, with an ex-dividend date this Thursday. Eligible shareholders will receive the payout on March 22, 2024.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equivalent to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, UFCS is expected to open 16 cents lower on the ex-dividend date, indicating a direct impact on its stock price.
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