Friday Is Your Last Chance To Buy Viper Energy Partners Before The Dividend Payout

Friday marks the last chance for investors to receive the next dividend payout from Viper Energy Partners VNOM.

What's Happening

The company announced on Tuesday that it would pay shareholders a quarterly dividend of 27 cents per share. On Monday, Viper Energy Partners will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 27 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, Monday. Shareholders who own VNOM as of the end of Friday's session are eligible to receive the 27 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on March 12, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

Monitor live stock price updates for Viper Energy Partners on Benzinga.