Bentley Systems's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Bentley Systems (NASDAQ:BSY) announced a quarterly dividend of 6 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning BSY stock by the end of Monday are eligible for the dividend, payable on March 28, 2024.
March 14, 2024 | 2:45 pm
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Bentley Systems announced a quarterly dividend of 6 cents per share, with the ex-dividend date on Tuesday. Eligible shareholders must own the stock by Monday, with the dividend payable on March 28, 2024.
The announcement of a dividend typically has a neutral to slightly positive impact on a company's stock price in the short term. However, the stock may trade slightly lower on the ex-dividend date to reflect the payout, which is a common occurrence and generally does not indicate a negative outlook on the company's financial health.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100