Wednesday Is Your Last Chance To Buy HireQuest Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
HireQuest (NASDAQ:HQI) announced a quarterly dividend of 6 cents per share, with Wednesday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Thursday, likely opening 6 cents lower. The dividend is scheduled for payment on March 15, 2024.

February 26, 2024 | 2:46 pm
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NEUTRAL IMPACT
HireQuest announced a quarterly dividend of 6 cents per share, with the stock going ex-dividend on Thursday, indicating a likely opening price adjustment of 6 cents lower.
The announcement of a dividend payout typically has a neutral to positive impact on a stock's price in the short term, as it attracts dividend investors. However, the stock going ex-dividend (and thus adjusting its price lower by the dividend amount) is a standard procedure that doesn't necessarily indicate a negative outlook on the stock itself. The importance is rated at 75 due to the potential for increased buying activity before the ex-dividend date and the expected price adjustment on the ex-dividend date.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100