Templeton Global Income's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Templeton Global Income (NYSE:GIM) has announced a monthly dividend of 3.06 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 3.06 cents lower to reflect the payout. Shareholders who own GIM as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.
July 14, 2023 | 2:46 pm
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Templeton Global Income (NYSE:GIM) has announced a monthly dividend of 3.06 cents per share. The stock will likely open lower on the ex-dividend date, which is Wednesday.
The announcement of a dividend payout typically leads to a decrease in the stock price on the ex-dividend date. This is because the stock price is adjusted to reflect the payout. Therefore, it is expected that GIM's stock price will open lower on Wednesday.
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