fbpx
QQQ
-2.71
348.05
-0.78%
DIA
-5.86
344.51
-1.73%
SPY
-7.07
429.04
-1.68%
TLT
+ 2.69
140.35
+ 1.88%
GLD
-0.87
166.72
-0.52%

Ex-Dividend Date Insight: Monmouth Real Estate

May 13, 2021 12:46 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

On April 1, 2021, Monmouth Real Estate (NYSE:MNR) announced shareholders can expect to receive a dividend payable on June 15, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Monmouth Real Estate is set for May 14, 2021. The company’s current dividend payout sits at $0.18, equating to a dividend yield of 4.07% at current price levels.

What Is An Ex-Dividend Date?

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. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Understanding Monmouth Real Estate’s Dividend Performance

Over the past year, Monmouth Real Estate has seen its dividend payouts climb upward and its yields trend downward. Last year on May 14, 2020 the company’s payout sat at $0.17, which has since increased by $0.01. Monmouth Real Estate’s dividend yield last year was 5.64%, which has since decreased by 1.57%.
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 news on Monmouth Real Estate click here.

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

Ex-Dividend Date Insight: Monmouth Real Estate

Monmouth Real Estate (NYSE:MNR) declared a dividend payable on March 15, 2021 to its shareholders as of January 14, 2021. It was also announced that shareholders of Monmouth Real Estate's stock as of February 16, 2021 are entitled to the dividend. read more

Monmouth Real Estate Investment Corporation Declares Dividends