Global Medical REIT: Dividend Insights
Portfolio Pulse from Benzinga Insights
Global Medical REIT (NYSE:GMRE) announced a quarterly dividend of 21 cents per share, going ex-dividend on Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout on April 09, 2024.
March 18, 2024 | 2:45 pm
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NEUTRAL IMPACT
Global Medical REIT announced a quarterly dividend of 21 cents per share, with the stock going ex-dividend on Thursday. Eligible shareholders must own the stock by Wednesday to receive the payout on April 09, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on the stock price, as the decrease in stock price on the ex-dividend date is a mechanical adjustment. However, the commitment to paying dividends can be seen positively by investors, indicating the company's financial health and stability.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100