Getty Realty: Dividend Insights
Portfolio Pulse from Benzinga Insights
Getty Realty (NYSE:GTY) has announced a quarterly dividend of 43 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 43 cents lower. Shareholders who own GTY as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on October 12, 2023.
September 22, 2023 | 2:45 pm
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Getty Realty's announcement of a 43 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not indicative of the company's overall performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which in this case is 43 cents per share. This is a normal part of the dividend process and does not reflect negatively on the company's overall performance. Investors who hold the stock until the end of Tuesday's session will receive the dividend.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100