01DRAY goes ex-dividend on October 08, 2026, with a quarterly dividend of $0.0900 per share paid on October 09, 2026.
02At the current stock price of $11.52, DRAY offers an annual dividend yield of 3.12%.
03The company has a market capitalization of $929.1M.
04Stock price typically adjusts downward by approximately the dividend amount on the ex-date.
Dividend Details
DRAY (AMEX:DRAY) will go ex-dividend tomorrow, October 08, 2026.
Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly dividend of $0.0900 per share. The dividend will be paid on October 09, 2026.
Market Overview
At the current stock price of $11.52, DRAY's dividend represents an annual yield of 3.12%. The company has a market capitalization of $929.1M.
Investors who purchase DRAY shares before the ex-dividend date will receive the upcoming dividend payment. The stock price typically adjusts downward by approximately the dividend amount on the ex-date, reflecting the distribution. Long-term holders focused on total return generally view ex-dividend dates as routine, while income-focused investors may time purchases around these dates.
The 3.12% dividend yield positions DRAY as a moderate income option. Investors evaluating dividend stocks should consider not just the current yield but the growth rate of the dividend and the company's payout ratio to assess long-term income potential.