Tuesday Is Your Last Chance To Buy Tekla Healthcare Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Tekla Healthcare (NYSE:HQH) announced a quarterly dividend of 48 cents per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 48 cents lower. The dividend payout is scheduled for March 28, 2024.
February 16, 2024 | 2:45 pm
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Tekla Healthcare announces a quarterly dividend of 48 cents per share, with the stock going ex-dividend on Wednesday, indicating a likely opening price drop by the dividend amount.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equivalent to the dividend amount as the stock goes ex-dividend. This is a common market reaction as the value of the dividend is factored into the stock price.
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