Brandywine Realty Tr's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Brandywine Realty Tr (NYSE:BDN) has announced a quarterly dividend of 19 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 19 cents lower to reflect the payout. Shareholders who own BDN as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 20, 2023.
June 30, 2023 | 2:46 pm
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Brandywine Realty Tr's stock is expected to open lower on Wednesday due to the ex-dividend date. The dividend will be paid out on July 20, 2023.
The ex-dividend date is the date on which a stock starts trading without the value of its next dividend payment. This typically results in the stock price opening lower on the ex-dividend date. In this case, Brandywine Realty Tr's stock is expected to open 19 cents lower on Wednesday, reflecting the 19 cents per share dividend. This could lead to short-term selling pressure.
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