Gaming and Leisure Props's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Gaming and Leisure Properties (NASDAQ:GLPI) announced a quarterly dividend of 73 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday's session will be eligible for the dividend, which will be paid on December 22, 2023. The stock is expected to open 73 cents lower on the ex-dividend date.
December 04, 2023 | 2:45 pm
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Gaming and Leisure Properties (GLPI) will pay a quarterly dividend of 73 cents per share, with the ex-dividend date being this Thursday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock is likely to open lower on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence on ex-dividend dates and is typically reflected in a decrease in the stock price equivalent to the dividend amount.
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