Wednesday Is Your Last Chance To Buy Thornburg Inc Builder Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Wednesday is the last day for investors to buy Thornburg Inc Builder (NASDAQ:TBLD) shares to be eligible for the next dividend payout of 10.42 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 10.42 cents lower. The dividend will be paid on February 20, 2024.

February 05, 2024 | 2:45 pm
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NEUTRAL IMPACT
Thornburg Inc Builder (NASDAQ:TBLD) announces a dividend payout of 10.42 cents per share, with the stock going ex-dividend on Thursday. The dividend is payable on February 20, 2024.
The announcement of a dividend payout typically has a neutral to positive impact on a stock's price in the short term, as it can attract dividend investors. However, the stock going ex-dividend (and thus opening lower by the dividend amount) is a standard procedure that usually doesn't indicate a negative outlook on the company itself. The importance is rated at 75 due to the significance of dividend announcements to investors, especially those focused on income. The confidence level is at 90, reflecting the clear details provided about the dividend payout and its schedule.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100