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Tempur Sealy Intl: Dividend Insights

Benzinga ·  11/10/2023 22:45

Tuesday marks the last chance for investors to receive the next dividend payout from Tempur Sealy Intl (NYSE:TPX). What's HappeningThe company announced on Thursday that it would pay shareholders a quarterly dividend of 11 cents per share. On Wednesday, Tempur Sealy Intl will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 11 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

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