LQR House Announces 50% Stock Dividend Distribution Date As Of The Close Of Business On February 12, 2024
Portfolio Pulse from Benzinga Newsdesk
LQR House Inc. (NASDAQ:LQR), a niche ecommerce platform in the spirits and beverage industry, announced a 50% stock dividend for shareholders of record as of February 12, 2024, with the dividend to be distributed on March 1, 2024. The ex-dividend date is set for March 4, 2024. CEO Sean Dollinger emphasized the company's commitment to delivering on its promises and showing gratitude to its stockholders.
February 12, 2024 | 1:34 pm
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LQR House Inc. announces a 50% stock dividend for shareholders of record as of February 12, 2024, with distribution on March 1, 2024, and an ex-dividend date of March 4, 2024.
The announcement of a 50% stock dividend is a significant positive development for LQR House Inc. and its shareholders. It reflects the company's strong financial health and commitment to rewarding its shareholders. This move is likely to be viewed positively by the market, potentially leading to an increase in stock price in the short term as investors may buy in to qualify for the dividend. However, the actual impact on the stock price will also depend on broader market conditions and investor sentiment.
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