Thursday Is Your Last Chance To Buy Equity Residential Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Thursday is the last day for investors to buy Equity Residential (NYSE:EQR) shares to be eligible for the next dividend payout of 66.25 cents per share. The stock will go ex-dividend on Friday, and the dividend will be paid out on July 14, 2023.
June 20, 2023 | 2:46 pm
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Equity Residential's stock will likely open lower on Friday due to the ex-dividend status, reflecting the 66.25 cents dividend payout.
Equity Residential's stock will go ex-dividend on Friday, meaning it will trade lower to reflect the 66.25 cents dividend payout. Investors who own EQR shares by the end of Thursday's session will be eligible for the dividend. This event typically leads to a short-term decrease in the stock price.
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