Wednesday Is Your Last Chance To Buy iRadimed Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
iRadimed (NASDAQ:IRMD) has announced a quarterly dividend of 15 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 15 cents lower. The dividend is scheduled to be paid on January 12, 2024.
December 18, 2023 | 2:45 pm
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iRadimed is set to pay a quarterly dividend of 15 cents per share, with shares expected to open lower by the same amount on the ex-dividend date, Thursday.
The stock price of iRadimed is likely to decrease in the short term by the amount of the dividend as it goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price. However, the impact is typically short-lived and the stock may recover as investors reinvest dividends or new investors see a buying opportunity.
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