Friday Is Your Last Chance To Buy Angel Oak Mortgage REIT Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Angel Oak Mortgage REIT (NYSE:AOMR) has announced a quarterly dividend of 32 cents per share. The stock will go ex-dividend on Monday, 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 16, 2023 | 2:45 pm
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Angel Oak Mortgage REIT has announced a dividend payout, which may lead to a short-term decrease in the stock price as it goes ex-dividend.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. As Angel Oak Mortgage REIT has announced a dividend, it is expected that the stock price will decrease in the short term. However, this is a common occurrence and does not necessarily reflect negatively on the company's overall financial health.
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