Global Medical REIT Inc. (NYSE:GMRE) will begin trading ex-dividend on December 24, 2020. The quarterly dividend payment of $ 0.20 per share is scheduled to be paid on January 11, 2021. The dividend yield based on the latest trading day closing price was 5.76 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of December 24, 2020.
Dividends History
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Global Medical REIT Inc. recently reported third quarter financial results on November 4, 2020, after market close, acquirer of healthcare providers core real estate assets disclosed income for the third quarter of $ 0.23 per share, from the revenue of $ 25.05 million. The quarterly earnings up 21.05 percent while revenues escalated 38.25 percent compared with the same quarter last year.
Wall street analysts are predicting, GMRE to report 3Q20 loss of $ 0.12 per share from revenue of $ 22.68 million. The bottom line results beat street analysts by $ 0.35 or 291.67 percent, at the same time, top line results outshined analysts by $ 2.37 million or 10.45 percent.
Stock Performance
Shares of Global Medical REIT Inc. traded up $ 0.09 or 0.65 percent on Tuesday, reaching $ 13.88 with volume of 171.80 thousand shares. Global Medical REIT Inc. has traded high as $ 14.01 and has cracked $ 13.70 on the downward trend
According to the previous trading day, closing price of $ 13.88, representing a 97.56 % increase from the 52 week low of $ 6.98 and a 13.54 % decrease over the 52 week high of $ 15.95.
