Monday Is Your Last Chance To Buy Tekla Healthcare Opps Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Monday is the last day for investors to buy Tekla Healthcare Opps (NYSE:THQ) shares to be eligible for the next dividend payout. THQ announced a monthly dividend of 11.25 cents per share, with the ex-dividend date set for Tuesday. Shares must be owned before the ex-dividend date to receive the dividend, which will be paid on November 30, 2023.
November 16, 2023 | 2:45 pm
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Tekla Healthcare Opps (THQ) announced a monthly dividend of 11.25 cents per share, with the ex-dividend date being this Tuesday. The stock is expected to open 11.25 cents lower on the ex-dividend date.
The announcement of a dividend typically does not have a significant impact on the stock price beyond the mechanical adjustment lower by the amount of the dividend on the ex-dividend date. Investors who purchase before the ex-dividend date are entitled to the dividend, which may increase short-term demand for the stock, but this is often offset by the price adjustment on the ex-dividend date.
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IMPORTANCE 75
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