Wednesday Is Your Last Chance To Buy Templeton Emerging Mkt Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Templeton Emerging Mkt (NYSE:TEI) announced a monthly dividend of 4.4 cents per share, with Wednesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Thursday, likely opening 4.4 cents lower to reflect the payout. The dividend is scheduled to be paid on November 30, 2023.
November 13, 2023 | 2:45 pm
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Templeton Emerging Mkt (TEI) will pay a 4.4 cents monthly dividend per share. The stock will trade ex-dividend on Thursday, which may result in the stock opening 4.4 cents lower.
The stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which is a common occurrence as the value of the dividend is accounted for in the stock price. This anticipated decrease is typically short-term and proportional to the dividend amount.
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