Welltower: Dividend Insights
Portfolio Pulse from Benzinga Insights
Welltower (NYSE:WELL) announced a quarterly dividend of 61 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on March 07, 2024. The stock is expected to open 61 cents lower on the ex-dividend date.
February 19, 2024 | 2:45 pm
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NEGATIVE IMPACT
Welltower announced a quarterly dividend of 61 cents per share, affecting stock opening price on the ex-dividend date.
The announcement of Welltower's quarterly dividend and the subsequent expected decrease in stock price on the ex-dividend date suggest a short-term negative impact on WELL's stock price. This is a common occurrence as stocks adjust to reflect the dividend payout.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100