MEI Pharma Declares Special Cash Dividend Of $1.75 Per Share Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
MEI Pharma has declared a special cash dividend of $1.75 per share of common stock, payable on December 6, 2023 to stockholders of record at the close of business on November 17, 2023.
November 06, 2023 | 10:03 pm
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MEI Pharma's declaration of a special cash dividend of $1.75 per share could potentially attract investors, leading to a short-term increase in stock price.
Dividends are a way for companies to distribute profits back to investors, and they can make a stock more attractive to investors. This announcement by MEI Pharma could potentially attract more investors, leading to increased demand for the stock and a short-term increase in the stock price.
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