Kaman: Dividend Insights
Portfolio Pulse from Benzinga Insights
Kaman (NYSE:KAMN) announced a quarterly dividend of 20 cents per share, with the ex-dividend date set for Monday. Shareholders owning KAMN by the end of Friday's session are eligible for the dividend, payable on April 11, 2024. The stock is expected to open 20 cents lower on the ex-dividend date.
March 13, 2024 | 2:45 pm
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Kaman announced a quarterly dividend of 20 cents per share, with the ex-dividend date on Monday. The stock is expected to open 20 cents lower on the ex-dividend date.
The announcement of a dividend payout typically has a neutral to positive impact on investor sentiment towards a stock. However, the stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which directly impacts the stock price in the short term. This expected decrease in the stock price on the ex-dividend date is a standard market adjustment to reflect the payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100