Monday Is Your Last Chance To Buy Global Medical REIT Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Global Medical REIT (NYSE:GMRE) has announced a quarterly dividend of 21 cents per share, with the ex-dividend date set for Tuesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid out on January 09, 2024. The stock is expected to open 21 cents lower on the ex-dividend date to reflect the payout.
December 21, 2023 | 2:45 pm
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Global Medical REIT is set to pay a quarterly dividend of 21 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of Global Medical REIT is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence with stocks on their ex-dividend date. However, the long-term impact on the stock price will depend on the overall performance of the company and market conditions.
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