Whitestone REIT's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Whitestone REIT (NYSE:WSR) announced a monthly dividend of 4 cents per share, with the ex-dividend date being Wednesday. Shareholders owning WSR stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 11, 2024. The stock is expected to open 4 cents lower on the ex-dividend date to reflect the payout.
December 29, 2023 | 2:45 pm
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Whitestone REIT (WSR) declared a monthly dividend of 4 cents per share. The stock will likely open lower by the dividend amount on the ex-dividend date.
The stock price of WSR is expected 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.
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