Monday Is Your Last Chance To Buy Thomson Reuters Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Thomson Reuters (NYSE:TRI) announced a quarterly dividend of 54 cents per share, with Monday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Tuesday, likely opening 54 cents lower. The dividend is scheduled for payment on March 08, 2024.
February 15, 2024 | 2:45 pm
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Thomson Reuters announces a quarterly dividend of 54 cents per share, with the stock going ex-dividend on Tuesday, indicating a likely opening price adjustment.
The announcement of Thomson Reuters' dividend and the subsequent ex-dividend date typically leads to a short-term price adjustment in the stock. Given the dividend amount is known, the stock is expected to open lower by the dividend amount on the ex-dividend date, reflecting the payout adjustment. This is a common occurrence with stocks around their ex-dividend dates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100