Laboratory Corp's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Laboratory Corp (NYSE:LH) announced a quarterly dividend of 72 cents per share, with the ex-dividend date set for Monday. Shareholders owning LH stock by the end of Friday are eligible for the dividend, to be paid on March 13, 2024. The stock is expected to open 72 cents lower on Monday due to the dividend payout.
February 21, 2024 | 2:46 pm
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Laboratory Corp announced a quarterly dividend of 72 cents per share, with an ex-dividend date on Monday. The stock is expected to open lower by the dividend amount.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equal to the dividend amount, as the ex-dividend date approaches. In this case, LH is expected to open 72 cents lower on the ex-dividend date, reflecting the dividend payout.
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