INVH announced a cash dividend of 0.28 with an ex-date of Dec. 26, 2023
|Bid||32.79 x 1000|
|Ask||33.40 x 1000|
|Day's Range||32.53 - 33.10|
|52 Week Range||28.49 - 36.53|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||40.84|
|Earnings Date||Feb 13, 2024 - Feb 19, 2024|
|Forward Dividend & Yield||1.04 (3.14%)|
|Ex-Dividend Date||Dec 26, 2023|
|1y Target Est||36.28|
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DALLAS, December 08, 2023--Invitation Homes Inc. (NYSE: INVH) ("Invitation Homes" or the "Company") announced today that its board of directors has declared a regular quarterly cash dividend of $0.28 per share payable on shares of its common stock, representing a 7.7% increase over the prior quarterly dividend of $0.26 per share. The dividend will be paid on or before January 19, 2024, to stockholders of record of the Company’s common stock as of the close of business on December 27, 2023.
Next year, investors could see growth in these four sectors, Aaron Dunn, portfolio manager at Morgan Stanley, told Yahoo Finance.
The High Dividend Yield Vanguard ETF (NYSEARCA:VYM) has surged by more than 6% month-over-month, suggesting that dividend stocks are regaining traction. Intuitively speaking, the resurgence does make sense as a pending interest rate pivot may initiate more confidence among dividend investors. I say this because stocks with high dividend payout ratios usually suffer during high interest rate environments. However, an implied rate pivot could compress risk premiums assigned to dividend stocks and