Monday Is Your Last Chance To Buy Kohl's Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Kohl's (NYSE:KSS) announced a quarterly dividend of 50 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning KSS stock by the end of Monday are eligible for the dividend, payable on April 03, 2024. The stock is expected to open 50 cents lower on the ex-dividend date.
March 14, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Kohl's announces a 50 cents per share quarterly dividend. To be eligible, investors must own the stock by Monday, with the ex-dividend date on Tuesday. The dividend is payable on April 03, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on the stock price, as the price adjustment on the ex-dividend date is a standard practice. However, the dividend announcement can be seen as a positive signal of the company's profitability and stability, potentially attracting dividend investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100