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 Wednesday. Shareholders owning THW by the end of Tuesday are eligible for the dividend, payable on February 29, 2024. The stock is expected to open lower by the dividend amount on the ex-dividend date.

February 16, 2024 | 2:45 pm
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Tekla World Healthcare announces a monthly dividend of 11.67 cents per share, payable on February 29, 2024. The stock will likely open lower by the dividend amount on the ex-dividend date.
The announcement of a dividend payout often leads to a short-term decrease in the stock price equivalent to the dividend amount on the ex-dividend date, as the value of the dividend is factored into the stock price. In this case, THW is expected to open lower by 11.67 cents on the ex-dividend date, reflecting the dividend payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100