Thursday Is Your Last Chance To Buy Clarus Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Clarus (NASDAQ:CLAR) announced a quarterly dividend of 2.5 cents per share, with the ex-dividend date set for Friday. Shareholders owning CLAR by the end of Thursday are eligible for the payout, which will be distributed on March 28, 2024. The stock is expected to open 2.5 cents lower on the ex-dividend date.

March 12, 2024 | 2:45 pm
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Clarus announced a 2.5 cents per share quarterly dividend. The stock will likely 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 stock price equal to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, CLAR is expected to open 2.5 cents lower on the ex-dividend date, indicating a short-term negative impact on the stock price.
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