Diversified Healthcare's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Diversified Healthcare (NASDAQ:DHC) announced that shareholders as of Thursday's session will be eligible for a quarterly dividend of 1 cent per share, with the ex-dividend date being Friday. The stock is expected to open 1 cent lower on Friday to reflect the dividend payout. The dividend is scheduled to be paid on February 15, 2024.
January 16, 2024 | 2:45 pm
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Diversified Healthcare will pay a quarterly dividend of 1 cent per share, with the ex-dividend date on Friday. The stock price is likely to open 1 cent lower to reflect the dividend payout.
The stock is expected to open lower by the amount of the dividend, which is a common occurrence on ex-dividend dates as the upcoming dividend payment is factored into the stock price. This is a routine adjustment and typically does not indicate a change in the fundamental value of the company.
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