Thursday Is Your Last Chance To Buy Miller Industries Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Miller Industries (NYSE:MLR) announced a quarterly dividend of 19 cents per share, with the ex-dividend date set for Friday. Shareholders owning MLR by the end of Thursday are eligible for the dividend, payable on March 25, 2024.
March 12, 2024 | 2:45 pm
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NEUTRAL IMPACT
Miller Industries announces a quarterly dividend of 19 cents per share, with eligibility for shareholders owning the stock by Thursday's close. Payment is due on March 25, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on a stock's price, as the price adjusts to reflect the dividend payment. However, the news could attract dividend investors, potentially increasing demand for MLR shares before the ex-dividend date.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100