Tekla World Healthcare: Dividend Insights
Portfolio Pulse from Benzinga Insights
Tekla World Healthcare (NYSE:THW) has announced a monthly dividend of 11.67 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders who own THW 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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Tekla World Healthcare's announcement of a monthly dividend of 11.67 cents per share may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. However, it can lead to a short-term decrease in the stock price.
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