DHT Holdings's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
DHT Holdings (NYSE:DHT) announced a quarterly dividend of 19 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on November 28, 2023. The stock is expected to open 19 cents lower on Monday to reflect the dividend payout.
November 15, 2023 | 2:45 pm
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DHT Holdings will pay a quarterly dividend of 19 cents per share, with the ex-dividend date on Monday. The stock is expected to trade lower by the dividend amount on that day.
The stock price of DHT Holdings is likely to decrease in the short term by the amount of the dividend, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is expected as the value of the dividend is no longer included in the stock price.
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