Friday Is Your Last Chance To Buy J&J Snack Foods Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
J&J Snack Foods (NASDAQ:JJSF) announced a quarterly dividend of 73.5 cents per share, with the ex-dividend date set for Monday. Shareholders owning JJSF stock by the end of Friday are eligible for the dividend, to be paid on April 09, 2024. The stock is expected to open 73.5 cents lower on the ex-dividend date.
March 13, 2024 | 2:46 pm
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J&J Snack Foods announced a quarterly dividend of 73.5 cents per share, payable on April 09, 2024, to shareholders who own the stock by the end of Friday. The stock will likely open lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price to reflect the dividend payment, as indicated by the expected lower opening price on the ex-dividend date. This is a common market reaction to dividend payouts.
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