BlackRock Cap Inv: Dividend Insights
Portfolio Pulse from Benzinga Insights
BlackRock Cap Inv (NASDAQ:BKCC) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on March 29, 2024.
March 11, 2024 | 2:45 pm
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BlackRock Cap Inv announced a quarterly dividend of 10 cents per share, affecting stock trading dynamics around the ex-dividend date.
The announcement of a quarterly dividend is a routine financial activity for BlackRock Cap Inv, which may not significantly impact the long-term stock price but will affect its short-term trading dynamics. The stock is expected to open 10 cents lower on the ex-dividend date, reflecting the dividend payout. This adjustment is a standard practice and typically does not indicate a change in the company's fundamental value.
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IMPORTANCE 75
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