Friday Is Your Last Chance To Buy Greif, Inc. Corporation Class B Common Stock Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Greif, Inc. Corporation Class B Common Stock (NYSE:GEF) announced a quarterly dividend of 78 cents per share, going ex-dividend on Monday. Shareholders owning the stock by the end of Friday are eligible for the payout on April 01, 2024. The stock is expected to open 78 cents lower on Monday due to the dividend payout.

March 13, 2024 | 2:45 pm
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Greif, Inc. Class B announces a 78 cents/share dividend, with the stock going ex-dividend on Monday. Eligible if owned by end of Friday, payout on April 01, 2024.
The stock is expected to open lower on the ex-dividend date, reflecting the dividend payout. This is a common occurrence as the value of the dividend is subtracted from the stock's price, leading to a short-term negative impact on the stock price. However, the announcement of a dividend can also be seen as a positive signal about the company's profitability and stability, potentially attracting more investors in the long term.
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