Are you an investor keeping an eye on your dividend payouts? If you hold shares in DigitalBridge Group, Inc. (NYSE: DBRG), then pay close attention! The company recently made an important announcement regarding its upcoming quarterly dividend, and the crucial ex-dividend date is fast approaching.
Mark Your Calendars: DigitalBridge’s Upcoming Dividend
On Tuesday, February 24th, DigitalBridge Group, Inc. declared its latest quarterly dividend. For current and prospective shareholders, here’s what you need to know:
- Dividend Amount: Shareholders will receive a payout of $0.01 per share.
- Record Date: To be eligible for this dividend, you must be a stockholder of record by the close of business on Tuesday, March 31st.
- Payment Date: The dividend is scheduled to be paid out on Wednesday, April 15th.
- Annualized Yield: This quarterly dividend translates to an impressive dividend yield of 0.3%.
Understanding the Ex-Dividend Date
Perhaps the most critical date for dividend investors is the ex-dividend date. For DigitalBridge Group, Inc., this date is March 31st, aligning with the record date. But what does “ex-dividend” actually mean?
In simple terms, if you purchase shares of DBRG on or after March 31st, you will not be entitled to receive this particular dividend payment. To qualify for the $0.01 per share dividend, you must have owned the shares before the ex-dividend date. It’s the cutoff point that determines who gets the next dividend check.
What This Means for DBRG Investors
This announcement provides clarity for DBRG shareholders regarding their income stream. It’s a key piece of information for anyone managing their portfolio and looking to maximize returns through dividends. Ensure your holdings are in order if you wish to capture this payout.
Stay informed and happy investing!
Source: Original Article
