Benzinga | Jun 18, 2021 10:24AM EDT

Analyzing Federal Realty Investment's Ex-Dividend Date

On May 5, 2021, Federal Realty Investment (NYSE:FRT) announced shareholders can expect to receive a dividend payable on July 15, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Federal Realty Investment, which has a current dividend per share of $1.06, has an ex-dividend date scheduled for June 21, 2021. That equates to a dividend yield of 3.77% at current price levels.

What Is An Ex-Dividend Date?

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. 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 Federal Realty Investment's Dividend Performance

Over the past year, Federal Realty Investment has experienced an overall upward trend regarding its dividend payouts and a downward trend regarding its yields. Last year on June 19, 2020 the company's payout was $1.05, which has since grown by $0.01. Federal Realty Investment's dividend yield last year was 5.44%, which has since decreased by 1.67%.

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.

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