Wednesday Is Your Last Chance To Buy TPG Before The Dividend Payout

Wednesday marks the last chance for investors to receive the next dividend payout from TPG TPG.

What's Happening

The company announced on Tuesday that it would pay shareholders a quarterly dividend of 44 cents per share. On Thursday, TPG will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 44 cents lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own TPG as of the end of Wednesday's session are eligible to receive the 44 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on March 08, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

Monitor live stock price updates for TPG on Benzinga.