Seven Hills Realty Trust's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Seven Hills Realty Trust (NASDAQ:SEVN) announced it will pay a quarterly dividend of 35 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 35 cents lower to reflect the payout. Shareholders owning SEVN as of the end of Thursday's session are eligible for the dividend, which will be paid out on November 16, 2023.
October 17, 2023 | 2:45 pm
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Seven Hills Realty Trust's stock price is expected to open lower on the ex-dividend date due to the 35 cents per share dividend payout.
The stock price of Seven Hills Realty Trust is expected to decrease on the ex-dividend date as the stock will trade lower to reflect the dividend payout. This is a common occurrence in the stock market when a company announces a dividend.
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