Teleflex: Dividend Insights
Portfolio Pulse from Benzinga Insights
Teleflex (NYSE:TFX) announced a quarterly dividend of 34 cents per share, going ex-dividend on Thursday. Shareholders owning TFX by the end of Wednesday are eligible for the payout on March 15, 2024. The stock is expected to open 34 cents lower on the ex-dividend date.
February 26, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Teleflex announces a quarterly dividend of 34 cents per share, with the stock expected to open lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in stock price equal to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, TFX is expected to open 34 cents lower, directly impacting short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100