Tuesday Is Your Last Chance To Buy Sabra Health Care REIT Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Sabra Health Care REIT (NASDAQ:SBRA) announced it will pay a quarterly dividend of 30 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 30 cents lower. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid out on August 31, 2023.
August 11, 2023 | 2:45 pm
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Sabra Health Care REIT's stock price is expected to open lower on Wednesday due to the dividend payout. However, this could attract investors looking for dividend income.
The announcement of a dividend payout often leads to a temporary decrease in the stock price as the stock goes ex-dividend. However, this could also attract investors who are interested in dividend income, potentially leading to increased demand for the stock in the longer term.
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