RMR Gr's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
RMR Group (NASDAQ:RMR) has announced that shareholders as of Thursday's session close will be eligible for a quarterly dividend of $0.40 per share. The ex-dividend date is Friday, which means the stock will likely open $0.40 lower to reflect the dividend payout. The dividend is scheduled to be paid on February 15, 2024.
January 16, 2024 | 2:45 pm
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RMR Group will pay a $0.40 per share dividend with an ex-dividend date this Friday. The stock is expected to open lower by the amount of the dividend.
The stock price of RMR is likely to decrease in the short term by the amount of the dividend, as the ex-dividend date approaches. This is a common occurrence as the dividend payment is factored into the stock price.
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