Wednesday marks the last chance for investors to receive the next dividend payout from Heidrick & Struggles Intl HSII.
What's Happening
The company announced on Monday that it would pay shareholders a quarterly dividend of 15 cents per share. On Thursday, Heidrick & Struggles Intl will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 15 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 HSII as of the end of Wednesday's session are eligible to receive the 15 cents dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on March 21, 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 Heidrick & Struggles Intl on Benzinga.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.