Loading ...Can this be true or is it misinformation
Monday marks the last chance for investors to receive the next dividend payout from Petrobras Brasileiro (NYSE:PBR).
What’s Happening
The company announced on Friday that it would pay shareholders a quarterly dividend of 14.96 cents per share. On Tuesday, Petrobras Brasileiro will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 14.96 cents lower than it would have opened on any other day.
In order to be eligible to receive a company’s dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own PBR as of the end of Monday’s session are eligible to receive the 14.96 cents dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on November 30, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
That’s what I see too… $0.15 per share tho, not $14.96.
Hi Hermit, where did you see the 15 cent number. I am thinking it is more like $1.496 due to the Reis conversion rate to dollars.
I typed the ticker into the benziga site that you linked to above. I would assume they have already done the currency conversion.
When the company data comes up, click on the Dividends tab.