Thursday Is Your Last Chance To Buy Templeton Global Income Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Templeton Global Income (NYSE:GIM) has announced a monthly dividend of 2.91 cents per share. The stock will go ex-dividend on Friday, 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 October 31, 2023.
October 10, 2023 | 2:45 pm
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Templeton Global Income's announcement of a 2.91 cents per share dividend 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, which is why a short-term decrease in GIM's stock price is expected. However, this is a standard part of the dividend process and does not indicate any issues with the company's performance. Investors who own the stock prior to the ex-dividend date will receive the dividend, providing them with a return on their investment.
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