Wednesday Is Your Last Chance To Buy Tekla World Healthcare Before The Dividend Payout
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 Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on August 31, 2023.
August 14, 2023 | 2:45 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.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. As Tekla World Healthcare has announced a dividend, it is expected that the stock price will decrease in the short term.
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