Monday Is Your Last Chance To Buy Tekla World Healthcare Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Monday is the last day for investors to buy Tekla World Healthcare (NYSE:THW) shares to be eligible for its upcoming dividend payout. THW will pay a monthly dividend of 11.67 cents per share, with the ex-dividend date set for Tuesday. The stock is expected to open 11.67 cents lower on Tuesday to reflect the dividend payout. Shareholders as of Monday's close will receive the dividend on November 30, 2023.
November 16, 2023 | 2:45 pm
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Tekla World Healthcare (THW) will pay a monthly dividend of 11.67 cents per share, with shares expected to open lower by the same amount on the ex-dividend date, reflecting the payout.
The stock price of THW is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence and is typically priced in by investors. The importance is high as dividends are a significant event for shareholders, but not at the maximum because it is a regular monthly dividend and not an extraordinary payout.
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