The RMR Group Inc. (NASDAQ:RMR) will begin trading ex-dividend on July 24, 2020. The quarterly dividend payment of $ 0.38 per share is scheduled to be paid on August 20, 2020. Shareholders who purchased RMR prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Recent Earnings Announcement
The RMR Group Inc. unwinded income for the second quarter of $ 0.46 per share, from the revenue of $ 140.86 million. The quarterly earnings declined 8.00 percent compared with the same quarter last year. Street analysts expected The RMR Group Inc. to report income of $ 0.49 per share on revenue of $ 150.53 million for the second quarter. The bottom line results missed street analysts by $ 0.03 or 6.12 percent, at the same time, top line results fell short of analysts by $ 9.67 million or 6.42 percent.
Stock Performance
According to the previous trading day, closing price of RMR was $ 30.54, representing a 40.16 % increase from the 52 week low of $ 21.79 and a 39.3 % decrease over the 52 week high of $ 50.31.
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The company has a market capital of $ 956.34 million and is part of the Real Estate sector and Real Estate Services industry.
The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. It provides management services to its five publicly traded real estate investment trusts (REITs) and three real estate operating companies. As of September 30, 2018, the company had approximately 1,700 properties under management, which are primarily owned by its Managed Equity REITs.
