fbpx
QQQ
+ 3.27
337.97
+ 0.96%
DIA
-0.77
345.89
-0.22%
SPY
+ 0.99
423.32
+ 0.23%
TLT
-1.09
143.40
-0.77%
GLD
-1.00
176.74
-0.57%

Understanding RMR Group's Ex-Dividend Date

April 22, 2021 10:15 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

On April 15, 2021, RMR Group (NASDAQ:RMR) announced shareholders can expect to receive a dividend payable on May 20, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. RMR Group has an ex-dividend date planned for April 23, 2021. The company's current dividend payout sits at $0.38. That equates to a dividend yield of 3.78% at current price levels.

The Significance Of An Ex-Dividend Date

An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Understanding RMR Group's Dividend Performance

Over the past year, RMR Group has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on April 24, 2020 the company's payout was $0.38, which has returned to its value today. RMR Group's dividend yield last year was 5.42%, which has since decreased by 1.64%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

Click here to find details on RMR Group's previous dividends.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.

Posted-In:

Dividends

Related Articles

Analyzing RMR Group's Ex-Dividend Date

RMR Group (NASDAQ:RMR) declared a dividend payable on February 18, 2021 to its shareholders as of January 14, 2021. It was also announced that shareholders of RMR Group's stock as of January 25, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. read more