US Physical Therapy's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
US Physical Therapy (NYSE:USPH) announced a quarterly dividend of 44 cents per share, going ex-dividend on Monday. Shareholders owning the stock by the end of Friday are eligible for the payout on April 05, 2024. The stock is expected to open 44 cents lower on the ex-dividend date.
March 06, 2024 | 2:45 pm
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US Physical Therapy announced a quarterly dividend of 44 cents per share, with the ex-dividend date set for Monday. The stock is expected to open 44 cents lower due to the dividend payout.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equivalent to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, USPH is expected to open 44 cents lower on the ex-dividend date, directly impacting short-term stock performance.
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