Thursday Is Your Last Chance To Buy Investors Title Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Investors Title (NASDAQ:ITIC) announced a quarterly dividend of 46 cents per share, with the ex-dividend date set for Friday. Shareholders owning ITIC by the end of Thursday are eligible for the dividend, payable on March 29, 2024. The stock is expected to open 46 cents lower on the ex-dividend date.
March 12, 2024 | 2:45 pm
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Investors Title announced a quarterly dividend of 46 cents per share, affecting stock price on the ex-dividend date.
The announcement of a dividend payout typically leads to a temporary decrease in the stock price on the ex-dividend date, reflecting the payout amount. In this case, ITIC is expected to open 46 cents lower on the ex-dividend date, directly correlating with the dividend amount.
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