Monday Is Your Last Chance To Buy Invitation Homes Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Invitation Homes (NYSE:INVH) announced a quarterly dividend of 28 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning INVH stock by the end of Monday are eligible for the dividend, which will be paid on January 19, 2024. The stock is expected to open 28 cents lower on Tuesday to reflect the dividend payout.
December 21, 2023 | 2:45 pm
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Invitation Homes is set to pay a quarterly dividend of 28 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The announcement of the dividend payout and the subsequent ex-dividend date typically leads to a short-term decrease in the stock price by the amount of the dividend, as the stock price adjusts to reflect the payout. This is a common occurrence and is widely expected by investors.
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