Wednesday Is Your Last Chance To Buy BlackRock Health Sciences Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
BlackRock Health Sciences (NYSE:BMEZ) announced a monthly dividend of 9.16 cents per share, with Wednesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Thursday and is expected to open 9.16 cents lower to reflect the payout. The dividend will be paid on December 20, 2023.
December 11, 2023 | 2:45 pm
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BlackRock Health Sciences Trust II (BMEZ) will pay a monthly dividend of 9.16 cents per share, with the ex-dividend date being Thursday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop by the amount of the dividend on the ex-dividend date, which is a common occurrence as the value of the dividend is no longer included in the stock price. This is a predictable short-term impact due to the mechanics of dividend payments.
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