Helios Technologies: Dividend Insights
Portfolio Pulse from Benzinga Insights
Helios Technologies (NYSE:HLIO) announced a quarterly dividend of 9 cents per share, with Tuesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 9 cents lower to reflect the payout. Shareholders owning HLIO by the end of Tuesday's session will receive the dividend on January 19, 2024.
December 29, 2023 | 2:45 pm
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Helios Technologies will pay a quarterly dividend of 9 cents per share, with the stock going ex-dividend on Wednesday and likely opening 9 cents lower.
The stock is expected to open lower on the ex-dividend date, reflecting the dividend payout. This is a common occurrence as the dividend payment is factored into the stock price. Short-term traders might consider this price adjustment in their strategies, while long-term investors may see this as an opportunity to accumulate more shares.
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