Friday Is Your Last Chance To Buy Ecolab Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Ecolab (NYSE:ECL) announced a quarterly dividend of 57 cents per share, with the ex-dividend date set for Monday. Shareholders owning ECL stock by the end of Friday are eligible for the dividend, payable on April 15, 2024. The stock is expected to open 57 cents lower on Monday to reflect the dividend payout.
March 13, 2024 | 2:45 pm
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Ecolab announced a quarterly dividend of 57 cents per share, payable on April 15, 2024, to shareholders who own the stock by the end of Friday. The stock will likely open 57 cents lower on Monday due to the ex-dividend.
The announcement of the dividend and the subsequent ex-dividend date typically leads to a short-term decrease in the stock price to reflect the dividend payout. In this case, Ecolab's stock is expected to open 57 cents lower on the ex-dividend date, directly impacting short-term stock performance.
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