Investors in EPR Props (NYSE: EPR) have until Tuesday to secure their next dividend payout. The real estate investment trust (REIT) recently announced that it will be paying shareholders a monthly dividend of 27.5 cents per share.
However, Wednesday will be the ex-dividend date for EPR Props, which means that the stock will likely trade lower to reflect the dividend payout. In other words, the stock is expected to open 27.5 cents lower than it would have on any other day.
To be eligible for the dividend, shareholders must own the stock before the ex-dividend date, which is Wednesday in this case. Investors who own EPR Props as of the end of Tuesday’s trading session will be eligible to receive the 27.5 cents dividend payout for each share they own.
The company has stated that the dividend will be paid out to shareholders on December 15, 2023. At that point, investors will have the option to reinvest the dividends back into the stock or utilize the payment in any other way they prefer.
EPR Props is a real estate investment trust that owns and operates properties in various sectors, including entertainment, recreation, and education. The company’s portfolio includes megaplex theaters, ski parks, water parks, and private schools. EPR Props aims to provide stable and growing dividends to its shareholders.
Investors interested in tracking the stock movements of EPR Props can visit Benzinga’s website for real-time updates and analysis. However, it is important to note that Benzinga does not provide investment advice and investors should conduct their own research before making any investment decisions.
Dividends can be an attractive feature for investors, as they provide a regular income stream in addition to the potential for capital appreciation. Companies that pay consistent dividends often appeal to income-focused investors who rely on these payments for their financial needs. However, it’s important to remember that dividends are not guaranteed, and companies can choose to reduce or eliminate them if their financial circumstances change.
Investors interested in EPR Props should consider their investment goals, risk tolerance, and overall portfolio diversification before making any investment decisions. Consulting with a financial advisor can also provide valuable guidance in navigating the complexities of dividend investing.
In conclusion, Tuesday is the last chance for investors to secure the next dividend payout from EPR Props. The company will be paying a monthly dividend of 27.5 cents per share, with the ex-dividend date set for Wednesday. Shareholders who own EPR Props as of the end of Tuesday’s session will be eligible to receive the dividend payout on December 15, 2023.