Should You Buy The GEO Group, Inc. (NYSE:GEO) Before Its Ex-Dividend?

135

The GEO Group, Inc. (NYSE:GEO) will begin trading ex-dividend on July 16, 2020. The quarterly dividend payment of $ 0.48 per share is scheduled to be paid on July 24, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on July 16, 2020.

Dividends History
wpDataTable with provided ID not found!

Click Here For More Historical Dividends Of The GEO Group, Inc.

Recent Earnings Announcement

The GEO Group, Inc. unwinded income for the first quarter of $ 0.39 per share, from the revenue of $ 605.02 million. The quarterly earnings hiked 8.00 percent while revenues compared with the same quarter last year.
Wall street analysts are predicting revenue of $ 613.97 million The bottom line results street analysts by $ 0.07 or , at the same time, top line results fell short of analysts by $ 8.95 million or 1.46 percent.

Stock Performance

According to the previous trading day, closing price of GEO was $ 12.15, representing a 22.11 % increase from the 52 week low of $ 9.95 and a 34.82 % decrease over the 52 week high of $ 18.64.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”GEO” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

The company has a market capital of $ 1.47 billion and is part of the Real Estate sector and REIT – Healthcare Facilities industry.

The GEO Group, Inc. (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe. GEO is the worlds leading provider of diversified correctional, detention, community reentry, and electronic monitoring services to government agencies worldwide with operations in the United States, Australia, South Africa, and the United Kingdom.