Postal Realty Trust: Dividend Insights
Portfolio Pulse from Benzinga Insights
Postal Realty Trust (NYSE:PSTL) has announced a quarterly dividend of 23.75 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own PSTL as of the end of Monday's session are eligible to receive the dividend, which will be paid out on November 30, 2023.
October 26, 2023 | 2:45 pm
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Postal Realty Trust's announcement of a 23.75 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 is why PSTL's stock price may decrease in the short term. However, this is a standard 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 Monday's session will receive the dividend, providing them with a return on their investment.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100