Universal Health Realty's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Universal Health Realty (NYSE:UHT) will go ex-dividend on Monday, with the stock expected to open 72.5 cents lower to reflect the quarterly dividend payout of 72.5 cents per share. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on December 29, 2023.
December 13, 2023 | 2:45 pm
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Universal Health Realty (UHT) will trade ex-dividend on Monday, and the stock price is expected to open lower by the amount of the dividend, which is 72.5 cents per share.
The stock price of UHT is expected to decrease in the short term as it adjusts for the dividend payout. This is a common occurrence on ex-dividend dates as the drop in price reflects the value of the dividend being paid out. The impact is typically short-lived and corresponds exactly to the dividend amount.
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