Wednesday Is Your Last Chance To Buy Cohen & Co Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Cohen & Co (AMEX:COHN) announced a quarterly dividend of 25 cents per share, with Wednesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Thursday, likely opening 25 cents lower. The dividend payout is scheduled for April 05, 2024.
March 18, 2024 | 2:45 pm
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Cohen & Co announces a quarterly dividend of 25 cents per share, with the stock expected to open lower on the ex-dividend date.
The announcement of a dividend payout typically increases interest in a stock pre-ex-dividend date, potentially boosting its price. However, the stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which could lead to a short-term decrease in its price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100