Benzinga | Jan 18, 2022 09:52AM EST

Thursday Is Your Last Chance To Buy Rapid7 Before The Dividend Payout

Thursday marks the last chance for investors to receive the next dividend payout from Rapid7.

What's Happening

(NASDAQ:RPD) announced on Monday that it would pay shareholders a monthly dividend of $0.047 per share. On Friday, Rapid7 will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.047 lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend datein this case, Friday. Shareholders who own RPD as of the end of Thursday's session are eligible to receive the $0.047 dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on January 31, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.