RMR Gr: Dividend Insights
Portfolio Pulse from Benzinga Insights
RMR Gr (NASDAQ:RMR) has announced a quarterly dividend of 40 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 40 cents lower to reflect the payout. Shareholders who own RMR as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on November 16, 2023.
October 17, 2023 | 2:45 pm
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RMR Gr's announcement of a 40 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 payout process and not indicative of the company's overall performance.
When a stock goes ex-dividend, the price typically drops to reflect the amount of the dividend paid. In this case, RMR Gr's stock price is expected to open 40 cents lower. This is a common occurrence and does not reflect negatively on the company's financial health or performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100