John Hancock Hedged: Dividend Insights
Portfolio Pulse from Benzinga Insights
John Hancock Hedged (NYSE:HEQ) announced a quarterly dividend of 25 cents per share, going ex-dividend on Friday. Shareholders owning HEQ by the end of Thursday are eligible for the payout on March 28, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.
March 05, 2024 | 2:45 pm
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John Hancock Hedged announces a quarterly dividend of 25 cents per share, with the stock expected to open 25 cents lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a temporary decrease in the stock price on the ex-dividend date, reflecting the payout amount. In this case, HEQ is expected to open 25 cents lower, directly correlating with the dividend amount.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100