Mfs Investment's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Mfs Investment (NYSE:CXH) announced a monthly dividend of 2.55 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, to be paid on March 28, 2024. The stock is expected to open 2.55 cents lower on the ex-dividend date.
March 07, 2024 | 2:45 pm
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Mfs Investment announces a monthly dividend of 2.55 cents per share, with an ex-dividend date this Tuesday. The stock will likely open lower by the dividend amount on the ex-dividend date.
The stock is expected to open lower on the ex-dividend date as the dividend payout is factored into the stock price, which is a common occurrence in the market. This short-term price adjustment reflects the dividend payout.
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