MFS Special Value: Dividend Insights
Portfolio Pulse from Benzinga Insights
MFS Special Value (NYSE:MFV) announced a monthly dividend of 3.67 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning MFV by the end of Monday are eligible for the dividend, payable on March 28, 2024. The stock is expected to open 3.67 cents lower on Tuesday to reflect the dividend payout.
March 07, 2024 | 2:45 pm
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MFS Special Value announced a monthly dividend of 3.67 cents per share, with the stock expected to open lower by the same amount on the ex-dividend date, Tuesday.
The announcement of a dividend typically leads to a short-term decrease in the stock price equal to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, MFV is expected to open 3.67 cents lower on Tuesday, directly correlating with the dividend amount announced.
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