Thursday Is Your Last Chance To Buy Service Properties Trust Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Service Properties Trust (NASDAQ:SVC) has announced a quarterly dividend of 20 cents per share. The stock will go ex-dividend on Friday, 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 November 16, 2023.
October 17, 2023 | 2:45 pm
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Service Properties Trust has announced a dividend payout, which will likely cause the stock to open lower on the ex-dividend date.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. In this case, SVC has announced a 20 cents per share dividend, which will likely cause the stock to open lower on the ex-dividend date.
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