Monday Is Your Last Chance To Buy Select Medical Hldgs Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Select Medical Hldgs (NYSE:SEM) has announced a quarterly dividend of 12.5 cents per share. The stock will go ex-dividend on Tuesday, 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 November 28, 2023.
November 09, 2023 | 2:45 pm
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Select Medical Hldgs (NYSE:SEM) will pay a quarterly dividend of 12.5 cents per share. The stock will go ex-dividend on Tuesday, which may cause a short-term drop in the stock price.
The announcement of the dividend and the upcoming ex-dividend date are directly related to Select Medical Hldgs. The ex-dividend date often leads to a short-term drop in the stock price as the stock trades lower to reflect the payout. This could negatively impact the stock price in the short term.
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