Knowing your investable assets will help us build and prioritize features that will suit your investment needs. Get a complete explanation of the ex-dividend date, record date, payment date and declaration date here. This date is the closing of the shareholder register book or the “dividend cut-off”. There are two publicly traded private prison companies: The GEO Group (NYSE: GEO) and CoreCivic (NYSE: CXW). You can find the latest ex-dividend dates for the securities that interest you in our Ex-Dividend Date Search tool. Hand picked by analysts based on Dividend.com rating system. Payout Ratio (Dividends/Earnings). The GEO Group pays out 49.45% of its earnings out as a dividend. Older articles featuring Geo Group (GEO): 5 High-Dividend Stocks Yielding Up to 30% Dividend Champions For November 2020 REIT Earnings Halftime Report: Dividend Cuts, No More 55 U.S. Real Estate Investment Trusts Yield Over 7% In October September 2020 Dividend Portfolio Update Dividend Challenger Highlights: Week Of October 11 GEO’s dividend is not as defensible as other SA authors have indicated. Stay up to date with timely dividend news. Find the latest Geo Group Inc (The) REIT (GEO) stock discussion in Yahoo Finance's forum. That’s too high for our liking. GEO Most Recent Dividend. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. Zacks Investment Research cut shares of The GEO Group (NYSE:GEO) from a buy rating to a hold rating in a research note issued to investors on Monday, Zacks.com reports.. A tight labor market has forced GEO Group to pay more for prison guards and other staff. Rents Paid, Dividends Raised: REIT Earnings Recap REIT Earnings Halftime Report: Dividend Cuts, No More GEO Group: 12% Yield With AAA-Rated Tenants Dividend Hikes Lift REITs Dividend Cuts And Overdue Rent: Previewing REIT Earnings Season GEO Group: 11%+ Yield-To-Maturity Bond, A Steal At This Price Dividends By The Numbers In June 2020 And 2020-Q2 It specializes in the design, development, financing and operation of correctional, detention and community reentry facilities. Find News. Home Financial news GEO Group: Uninvestable Until A Dividend Cut As Deleveraging Or A Buyback Is A Better Use Of Capital (NYSE:GEO) 2020-05-282020-05-28 By finanz.dk. This is the "dividend gap". Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! ... Love GEO. Companies not covering the dividend with FFO have to hope for FFO-per-share growth or borrow to pay the dividend. GEO Group (GEO) Declares $0.34 Quarterly Dividend; 12% Yield GEO Group (GEO) Expects to Cut Dividend GEO Group (GEO) Declares $0.48 Quarterly Dividend; 16.9% Yield In the correctional system, however, less than 10% of state and federal inmates are in … Find the latest dividend history for Geo Group Inc (The) REIT (GEO) at Nasdaq.com. GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. The cut is being used to pay down debt. GEO Group has a payout ratio of 148.5%. Below, we present an analysis of key securities that announced a cut in their dividends and are going ex-dividend this week. Dividend stocks making payouts in the next 10 business days and have a history of rebounding in price shortly thereater. The GEO Group is a REIT that owns and operates Prisons primarily in the USA for State and Federal agencies. GEO Group has been paying a dividend for the past seven years. The Bottom Line on GEO Stock. Via SeekingAlpha.com. Enhance retirement outcomes with helpful tactics. * Dividend.com does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. In fact, the number of coronavirus dividend cuts and suspensions exceeded the number increasing the dividends for the first time since January 2009 according to a recent article.But note that the total number of dividend cuts and suspensions will likely exceed the number … As previously announced, Prison REIT GEO Group (GEO) "officially" reduced their dividend from $0.48 to $0.34 per share. I'm dividend re-investing all the money I have in an old HSA tax free. Municipal bonds news, reports, video and more. Congratulations on personalizing your experience. An imminent dividend cut seems unlikely. A cash dividend payment of $0.48 per share is scheduled to be paid on April 22, … GEO Group 10% Dividend Stock Down 15% but why? Seeking Alpha 30d: Start Trading >> your MARKET VIEW Your Personalized Market Center. GEO’s dividend is not as defensible as other SA authors have indicated. GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. Fixed income news, reports, video and more. Find out how much your money can grow by using our Compounding Returns Calculator. Foot Locker and The GEO Group Cut Dividend Shauvik Haldar Oct 14, 2020 Often, during times of financial stress, stocks, MLPs, REITs and funds cut their dividend payouts. Prior to COVID, they paid a quarterly dividend of $0.48 which would result in a dividend of 20% dividend if it returns to that rate. Not sure where to start? The GEO Group and CoreCivix (), another prison REIT, are often recommended for their high dividend yield towards retirees and income-oriented investors.In this article, I want to focus on The GEO Group, whose yield is supposedly well-covered by the company’s FFOs. Make short-term dividend income. - Duration: 11:57. All stock quotes on this website should be considered as having a 24-hour delay. This new dividend payment target will allow GEO to remain structured as a publicly traded REIT, while preserving capital to be applied towards the repayment of debt. Two of the biggest companies, CoreCivic and The GEO Group, are publicly traded. To receive dividends, you must be a company shareholder as of a certain date as determined by the company's Board of Directors. GEO Group (GEO) Declares $0.34 Quarterly Dividend; 12% Yield GEO Group (GEO) Expects to Cut Dividend GEO Group (GEO) Declares $0.48 Quarterly Dividend; 16.9% Yield Which type of investor describes you best? Even with the cut, The GEO Group sports a sky-high 12% yield. In comparison to stocks we observe that provide shareholders with a dividend, Geo Group … GO … One of the major risks of relying on dividend income, is the potential for a company to struggle financially and cut its dividend. Portfolio management news, reports, video and more. Even at the high-end of the guidance, GEO is still drawing ~$10 million on … GEO's most recent quarterly dividend payment was made to shareholders of record on Friday, October 23. GEO Group cuts dividend by ~29% to $0.34. Reward: They currently pay a 14.2% dividend. ... NO DIVIDEND CUTS - How My Dividend Stock Portfolio Outperforms The s&p500 - Duration: 7:36. In comparison to stocks we observe that provide shareholders with a dividend, Geo Group Inc's dividend yield of 14.01% is in the top 1.02%. On the day following the cut-off, the stock price falls by about the amount of the declared dividend. GEO Group: Considering Whether A Dividend Cut Is On The Horizon GEO Group: Considering Whether A Dividend Cut Is On The Horizon Jun. According to Zacks, “The GEO Group, Inc. is an equity real estate investment trust. Monthly payments from Quarterly Payers ››. Of course, the private prisons industry isn’t perfect. GEO's most recent quarterly dividend payment was made to shareholders of record on Friday, October 23. The GEO Group pays an annual dividend of $1.36 per share, with a dividend yield of 14.30%. What is the value of your investable assets? An imminent dividend cut seems unlikely. The GEO Group, Inc. (NYSE: GEO) ("GEO") announced that on October 6, 2020, its Board of Directors declared a quarterly cash dividend of $0.34 per share. Knowing your AUM will help us build and prioritize features that will suit your management needs. Browse our guide to explore. Free Cash Flow & Debt Covenants. 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GEO Group: Considering Whether A Dividend Cut Is On The Horizon (NYSE:GEO) | Seeking Alpha 06-25 seekingalpha.com - GEO shares have been down in sympathy with CoreCivic's decision to eliminate dividends to improve its capital structure. The GEO Group pays out 49.45% of its earnings out as a dividend. The quarterly cash dividend will be paid on October 23, 2020 to shareholders of record as of the close of business on October 16, 2020. Practice management news, reports, video and more. The GEO Group Announces Decision by Federal Bureau of Prisons to Not Rebid Its Contract for Rivers Correctional Facility finance.yahoo.com - November 23 at 7:14 AM: GEO Group: Beyond The Election seekingalpha.com - November 19 at 2:42 PM: Some Geo Group Debt Now Yielding Higher Than The Dividend seekingalpha.com - November 12 at 4:22 PM The GEO Group, Inc. (NYSE: GEO) ("GEO") announced that on October 6, 2020, its Board of Directors declared a quarterly cash dividend of $0.34 per share. FREE Breaking News Alerts from StreetInsider.com! GEO Group has grown its cash flow by 63.04% in the last year. Often, during times of financial stress, stocks, MLPs, REITs and funds cut their dividend payouts. Source: “Dividends,” The GEO Group Inc, last accessed May 22, 2019. Not only is your income cut, but the value of your investment declines as well – nasty. StreetInsider.com Top Tickers, 12/23/2020. https://www.dividend.com/news/2020/10/14/foot-locker-and-geo-group-cut-dividend/. News Eli Lilly and Company Increases Dividend by 14% Shauvik Haldar | Feb 12, 2019 GEO FINAL DEADLINE TODAY: ROSEN, NATIONAL INVESTOR COUNSEL, Reminds The GEO Group, Inc. Investors Of Important September 8 Deadline In Securities Class Action - GEO … Note: Market Cap and dividend yield figures are as of market open on Wednesday, October 14. Please help us personalize your experience. The GEO Group pays an annual dividend of $1.36 per share, with a dividend yield of 14.83%. 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