TechnipFMC's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
TechnipFMC (NYSE:FTI) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Monday. Shareholders owning FTI by the end of Friday's session are eligible for the dividend, payable on April 03, 2024. The stock is expected to open 5 cents lower on Monday due to the dividend payout.
March 13, 2024 | 2:45 pm
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TechnipFMC announces a quarterly dividend of 5 cents per share, with the ex-dividend date this Monday. Eligible shareholders must own the stock by end of Friday. Dividend payable on April 03, 2024.
The stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which is a common occurrence. The short-term impact is likely negative due to the immediate adjustment in stock price, but this is a typical market reaction and not indicative of the company's long-term value.
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