Hercules Capital's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Hercules Capital (NYSE:HTGC) announced a quarterly dividend of 40 cents per share, going ex-dividend on Tuesday. Shareholders owning HTGC by end of Monday are eligible for the dividend, payable on March 06, 2024.
February 22, 2024 | 2:45 pm
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Hercules Capital announced a quarterly dividend of 40 cents per share, with the ex-dividend date set for Tuesday. Eligible shareholders must own the stock by the end of Monday, with the dividend payable on March 06, 2024.
The announcement of a dividend typically has a neutral short-term impact on a stock's price, as the price adjusts for the dividend payout. However, the news confirms HTGC's commitment to returning value to shareholders, which could be viewed positively. The exact short-term price movement can be influenced by broader market conditions and investor sentiment towards dividends.
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