Hewlett Packard's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Hewlett Packard (NYSE:HPE) has announced that shareholders owning the stock by the end of Monday's session will be eligible for a quarterly dividend of 13 cents per share. The ex-dividend date is Tuesday, and the stock is expected to trade lower by the dividend amount. The dividend is scheduled to be paid on January 11, 2024.
December 07, 2023 | 2:45 pm
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Hewlett Packard will pay a quarterly dividend of 13 cents per share, with the ex-dividend date being Tuesday. The stock is likely to open lower by the dividend amount.
The stock is expected to trade lower by the amount of the dividend on the ex-dividend date, which is a common occurrence as the dividend payout is factored into the stock price. While this is a routine event and the price adjustment is typically temporary, it can still impact short-term trading.
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