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Understanding JBG SMITH Properties's Ex-Dividend Date

May 11, 2021 10:26 am
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JBG SMITH Properties (NYSE:JBGS) declared a dividend payable on May 27, 2021 to its shareholders as of April 29, 2021. It was also announced that shareholders of JBG SMITH Properties’s stock as of May 13, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. JBG SMITH Properties has an ex-dividend date planned for May 12, 2021. The company’s current dividend payout sits at $0.23. That equates to a dividend yield of 2.78% at current price levels.

What Are Ex-Dividend Dates?

An ex-dividend date is when a company’s shares stop trading with its current dividend payout in preparation for the company to announce a new one. 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 JBG SMITH Properties’s Dividend Payouts And Yields

Over the past year, JBG SMITH Properties has seen its dividend payouts remain the same and its yields climb upward overall. Last year on May 12, 2020 the company’s payout sat at $0.23, which has returned to its value today. JBG SMITH Properties’s dividend yield last year was 2.6%, which has since grown by 0.18%.
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.

To read more about JBG SMITH Properties click here.

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