Ex-Div Reminder for Global Medical REIT (GMRE)
ETF Channel Staff - Tuesday, March 19, 10:03 AMOn 3/21/24, Global Medical REIT Inc (GMRE) will trade ex-dividend, for its quarterly dividend of $0.21, payable on 4/9/24. As a percentage of GMRE's recent stock price of $8.68, this dividend works out to approximately 2.42%, so look for shares of Global Medical REIT Inc to trade 2.42% lower — all else being equal — when GMRE shares open for trading on 3/21/24.
Below is a dividend history chart for GMRE, showing historical dividends prior to the most recent $0.21 declared by Global Medical REIT Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GMRE is likely to continue, and whether the current estimated yield of 9.68% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of GMRE shares, versus its 200 day moving average:
Looking at the chart above, GMRE's low point in its 52 week range is $8.04 per share, with $11.585 as the 52 week high point — that compares with a last trade of $8.70.
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In Tuesday trading, Global Medical REIT Inc shares are currently down about 0.7% on the day.