Friday Is Your Last Chance To Buy Universal Health Realty Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Universal Health Realty (NYSE:UHT) has announced a quarterly dividend of 72 cents per share, payable on September 29, 2023. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Friday is the last day for investors to buy the stock and be eligible for the dividend.
September 13, 2023 | 2:45 pm
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Universal Health Realty's stock is expected to trade lower on Monday due to the ex-dividend status. However, the dividend payout could attract investors, potentially increasing demand for the stock before the ex-dividend date.
The announcement of a dividend payout often attracts investors who are interested in receiving the dividend, potentially driving up the stock price before the ex-dividend date. However, once the stock goes ex-dividend, it typically trades lower to reflect the payout, which could lead to a short-term decrease in the stock price.
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