Everest Group's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Everest Group (NYSE:EG) announced a quarterly dividend of $1.75 per share, going ex-dividend on Monday. Shareholders owning the stock by the end of Friday are eligible for the payout on March 27, 2024. The stock is expected to open $1.75 lower on Monday due to the dividend payout.
March 13, 2024 | 2:45 pm
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Everest Group announces a $1.75/share quarterly dividend, with the stock going ex-dividend on Monday. Expected to open $1.75 lower due to the payout.
The announcement of a $1.75 per share dividend by Everest Group is significant for investors, as it directly impacts the stock's opening price on the ex-dividend date. The stock is expected to open $1.75 lower, reflecting the dividend payout. This short-term price adjustment is a common occurrence around ex-dividend dates and is directly related to the dividend amount being distributed to shareholders.
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