Tuesday Is Your Last Chance To Buy JBG SMITH Props Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
JBG SMITH Props (NYSE:JBGS) has announced a quarterly dividend of 22.5 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on August 31, 2023.
August 11, 2023 | 2:45 pm
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JBG SMITH Props has announced a dividend payout, which will likely cause the stock to open lower on the ex-dividend date. The dividend will be paid out on August 31, 2023.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. In this case, JBG SMITH Props has announced a dividend of 22.5 cents per share, which will likely cause the stock to open lower on the ex-dividend date. However, this is a normal part of the dividend process and does not necessarily reflect negatively on the company's performance or value.
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