Calamos Dynamic's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Calamos Dynamic (NASDAQ:CCD) announced a monthly dividend of 19.5 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning CCD by the end of Tuesday's session will be eligible for the dividend, to be paid on March 21, 2024. The stock is expected to open 19.5 cents lower on the ex-dividend date.
March 08, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Calamos Dynamic announced a monthly dividend of 19.5 cents per share, with the ex-dividend date on Wednesday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price on the ex-dividend date, reflecting the payout amount. In CCD's case, the stock is expected to open 19.5 cents lower, directly correlating with the dividend amount announced.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100