Tekla Healthcare Opps: Dividend Insights
Portfolio Pulse from Benzinga Insights
Tekla Healthcare Opps (NYSE:THQ) announced it will pay shareholders a monthly dividend of 11.25 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders owning THQ by the end of Tuesday's session are eligible for the dividend, which will be paid out on September 29, 2023.
September 15, 2023 | 2:45 pm
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Tekla Healthcare Opps (THQ) will pay a monthly dividend of 11.25 cents per share. The stock will go ex-dividend on Wednesday, potentially leading to a short-term decrease in stock price.
The announcement of a dividend often leads to a short-term increase in stock price as investors buy in to receive the dividend. However, once the stock goes ex-dividend, the stock price typically decreases by roughly the amount of the dividend, as the company's assets have effectively decreased by the amount of the dividend payout.
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