Tekla World Healthcare: Dividend Insights
Portfolio Pulse from Benzinga Insights
Tekla World Healthcare (NYSE:THW) announced a monthly dividend of 11.67 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 11.67 cents lower on the ex-dividend date.
January 18, 2024 | 2:45 pm
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Tekla World Healthcare (THW) will pay a monthly dividend of 11.67 cents per share, with the ex-dividend date on Tuesday. The stock price is expected to adjust lower by the dividend amount on that day.
The stock price of THW is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend and is typically reflected in the stock's opening price on that day.
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