Wednesday Is Your Last Chance To Buy CBRE Clarion Glb Real Est Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
CBRE Clarion Global Real Estate (NYSE:IGR) announced a monthly dividend of 6 cents per share, with Wednesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Thursday, meaning it will trade lower by the dividend amount. The dividend is payable on January 31, 2024, to shareholders who own the stock by the end of Wednesday's session.
January 15, 2024 | 2:45 pm
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CBRE Clarion Global Real Estate (IGR) will pay a monthly dividend of 6 cents per share, with the ex-dividend date set for Thursday. The stock is expected to open lower by the dividend amount on that day.
The stock price of IGR is likely to decrease in the short term by the amount of the dividend payout as it goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price.
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