Friday Is Your Last Chance To Buy Terex Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Friday is the last day for investors to buy Terex (NYSE:TEX) shares to be eligible for the next dividend payout of 15 cents per share. The stock will go ex-dividend on Monday, and the dividend will be paid out on June 20, 2023.
May 31, 2023 | 2:48 pm
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Terex's stock will likely open 15 cents lower on Monday due to the ex-dividend date. Investors must own shares by end of Friday to receive the dividend.
Terex's stock price will likely be impacted in the short term due to the ex-dividend date on Monday. The stock will trade lower to reflect the 15 cents dividend payout, which will cause a temporary decrease in the stock price. Investors who want to receive the dividend must own shares by the end of Friday's session.
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