MFS Intermediate IT: Dividend Insights
Portfolio Pulse from Benzinga Insights
MFS Intermediate IT (NYSE:MIN) announced a monthly dividend of 2.03 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, payable on March 28, 2024.
March 07, 2024 | 2:45 pm
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NEUTRAL IMPACT
MFS Intermediate IT announced a monthly dividend of 2.03 cents per share, with the ex-dividend date on Tuesday and the payout date on March 28, 2024.
The announcement of a dividend typically has a neutral short-term impact on a stock's price. While the dividend itself is a positive signal, the stock price often adjusts downward by the dividend amount on the ex-dividend date, as observed in the article.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100