MFS Multimarket IT's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
MFS Multimarket IT (NYSE:MMT) announced a monthly dividend of 3.36 cents per share, going ex-dividend on Tuesday. Shareholders owning the stock by Monday are eligible for the payout on March 28, 2024. The stock is expected to open 3.36 cents lower on Tuesday to reflect the dividend payout.
March 07, 2024 | 2:45 pm
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MFS Multimarket IT announced a monthly dividend of 3.36 cents per share, with the ex-dividend date set for Tuesday. The stock is expected to open lower by the dividend amount.
The stock price of MFS Multimarket IT is likely to decrease in the short term as it adjusts for the dividend payout of 3.36 cents per share. This is a common occurrence on the ex-dividend date as the stock price reflects the payout.
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