GCM Grosvenor Inc. (GCMG) stock is experiencing a slight decline today, which can be attributed to its ex-dividend date. As of December 17, 2024, GCMG is trading without the value of its most recent dividend, which typically results in a decrease in the stock price by the amount of the dividend. This is a common occurrence for stocks on their ex-dividend date, as investors who purchase the stock on or after this date are not entitled to the declared dividend.
GCMG shares are currently priced at $12.27, reflecting a 0.57% decrease from the previous close of $12.34.