Wednesday Is Your Last Chance To Buy ICF International Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Wednesday is the last day for investors to buy ICF International (NASDAQ:ICFI) shares to be eligible for the next quarterly dividend payout of 14 cents per share. The stock will go ex-dividend on Thursday, indicating it will likely open 14 cents lower. The dividend will be paid on April 12, 2024.
March 18, 2024 | 2:46 pm
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NEUTRAL IMPACT
ICF International announced a quarterly dividend of 14 cents per share, with the stock going ex-dividend on Thursday. Dividend payout is scheduled for April 12, 2024.
The announcement of a dividend payout typically has a neutral to slightly positive impact on a stock's price in the short term. However, the stock is expected to open lower on the ex-dividend date by the amount of the dividend, which is a standard occurrence and does not indicate a negative outlook on the stock itself. The importance is rated at 75 due to the relevance of dividend information to current and potential investors, especially those focused on income-generating investments.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100