Tuesday Is Your Last Chance To Buy CBRE Clarion Glb Real Est Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
CBRE Clarion Glb Real Est (NYSE:IGR) has announced a monthly dividend of 6 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 6 cents lower. Shareholders who own IGR as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.

July 14, 2023 | 2:46 pm
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CBRE Clarion Glb Real Est (NYSE:IGR) will pay a 6 cents per share dividend. The stock will likely open lower on the ex-dividend date, Wednesday.
The announcement of a dividend often leads to a temporary increase in the stock price as investors buy in to receive the dividend. However, on the ex-dividend date, the stock price typically drops by the amount of the dividend, as the company's assets have effectively decreased by the amount of the dividend payout. In this case, CBRE Clarion Glb Real Est (NYSE:IGR) has announced a 6 cents per share dividend, so the stock is likely to open 6 cents lower on the ex-dividend date, Wednesday.
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