Wednesday Is Your Last Chance To Buy Tekla Life Sciences Invts Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Tekla Life Sciences Invts (NYSE:HQL) has announced a quarterly dividend of 32 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 September 29, 2023.
August 21, 2023 | 2:45 pm
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NEGATIVE IMPACT
Tekla Life Sciences Invts (NYSE:HQL) will pay a 32 cents per share dividend. The stock will likely open lower on the ex-dividend date.
The announcement of a dividend typically leads to a temporary increase in the stock price as investors buy in to receive the dividend. However, the stock price usually drops on the ex-dividend date to reflect the payout, which is why the score is -1. The relevance, importance, and confidence are high as the news directly pertains to HQL and is significant for its investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100