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Upon announcement, the share price dropped 23% to close at $6.00 per share leaving the company with a market capitalization of approximately $3.2 billion, or a third of its pro-forma capitalization. [31] On March 10, 2020, Colony Capital's share price closed at $3.41 giving the company a market capitalization of approximately $1.7 billion. [34]
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The S&P 500 Dividend Aristocrats is a stock market index composed of the companies in the S&P 500 index that have increased their dividends in each of the past 25 consecutive years. It was launched in May 2005.
Southern Company (SO) is likely to pay out its increased quarterly dividend of 68 cents on Jun 6, 2022.
The bank changed its name to Southern Bank and Trust Company on March 1, 1967, to reflect a more regional presence. The Home Office of the Bank is located at 116 East Main Street, Mount Olive, North Carolina. Southern BancShares (N.C.), Inc., was founded and established as the holding company of Southern Bank on January 1, 1983.
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A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex-dividend date, though more often than not it may open higher. [ 1 ]