Wednesday Is Your Last Chance To Buy Ross Stores Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Ross Stores (NASDAQ:ROST) announced a quarterly dividend of 36.75 cents per share, with the ex-dividend date set for Thursday. Shareholders owning ROST by the end of Wednesday are eligible for the dividend, payable on March 29, 2024.

March 11, 2024 | 2:45 pm
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NEUTRAL IMPACT
Ross Stores announces a quarterly dividend of 36.75 cents per share, with eligibility for shareholders owning the stock by end of Wednesday. Payable on March 29, 2024.
The announcement of a dividend payout typically has a neutral to slightly positive impact on a stock's price in the short term. However, the stock is expected to open lower on the ex-dividend date by the amount of the dividend, which is a standard procedure reflecting the payout. This adjustment is usually temporary and does not indicate a change in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100