Wednesday Is Your Last Chance To Buy Tekla Healthcare Opps Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Tekla Healthcare Opps (NYSE:THQ) has announced a monthly dividend of 11.25 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders who own THQ as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 31, 2023.
August 14, 2023 | 2:45 pm
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Tekla Healthcare Opps (THQ) is set to pay a monthly dividend of 11.25 cents per share. The stock will likely trade lower on Thursday as it goes ex-dividend.
The announcement of a dividend payout typically leads to a short-term increase in the stock price as investors buy in to qualify for the dividend. However, the stock price usually drops on the ex-dividend date as the company's assets decrease by the amount of the dividend. In this case, Tekla Healthcare Opps (THQ) is expected to trade lower on Thursday, the ex-dividend date.
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