Kulicke & Soffa Indus: Dividend Insights
Portfolio Pulse from Benzinga Insights
Kulicke & Soffa Indus (NASDAQ:KLIC) announced a quarterly dividend of 19 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning KLIC by the end of Tuesday's session will be eligible for the dividend, which will be paid out on July 10, 2023.
June 16, 2023 | 2:45 pm
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Kulicke & Soffa Indus announced a 19 cents per share quarterly dividend, with the ex-dividend date set for Wednesday. The stock will likely open 19 cents lower on the ex-dividend date.
The announcement of the 19 cents per share dividend will have a short-term negative impact on KLIC's stock price, as the stock will likely open 19 cents lower on the ex-dividend date. This is a common occurrence when a stock goes ex-dividend, as the market adjusts the stock price to reflect the dividend payout.
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