Highland Opportunities: Dividend Insights
Portfolio Pulse from Benzinga Insights
Highland Opportunities (NYSE:HFRO) announced a monthly dividend of 7.7 cents per share. Shareholders must own the stock before the ex-dividend date on Thursday to be eligible for the dividend. The stock is expected to open 7.7 cents lower on the ex-dividend date to reflect the payout. The dividend will be paid on December 29, 2023.
December 18, 2023 | 2:45 pm
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Highland Opportunities will pay a monthly dividend of 7.7 cents per share, with the ex-dividend date set for 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 market adjusts for the payout. This is a short-term impact and does not necessarily reflect the company's long-term value.
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