Monday Is Your Last Chance To Buy Vistra Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Vistra (NYSE:VST) announced a quarterly dividend of 21.5 cents per share, with Monday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Tuesday, likely opening 21.5 cents lower. The dividend payout is scheduled for March 29, 2024.
March 14, 2024 | 2:45 pm
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NEUTRAL IMPACT
Vistra announced a quarterly dividend of 21.5 cents per share, with the stock going ex-dividend on Tuesday and the payout scheduled for March 29, 2024.
The announcement of a dividend payout typically has a neutral to positive impact on a stock's price in the short term. However, the stock is expected to open lower on the ex-dividend date to reflect the payout, which is a standard practice. The overall impact on the stock price is neutral because the decrease on the ex-dividend date is anticipated and reflects the dividend payment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100