Pegasystems's Ex-Dividend Date Is Friday, Here's What You Need To Know

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Thursday marks the last chance for investors to receive the next dividend payout from Pegasystems PEGA.

What's Happening

The company announced on Friday that it would pay shareholders a quarterly dividend of 3 cents per share. On Friday, Pegasystems will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 3 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, Friday. Shareholders who own PEGA as of the end of Thursday's session are eligible to receive the 3 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on April 17, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

To read more news on Pegasystems click here

Click here to visit our Dividends Calendar.

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Posted In: DividendsBZI-ExDiv
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