Asbury Automotive Group Inc Dividends
The next dividend date for Asbury Automotive Group Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Asbury Automotive Group Inc (ABG)
More About Asbury Automotive Group Inc
Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It operates through Dealerships and Total Care Auto, Powered by Landcar (TCA) segments. The company offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, collision repair, and recondition of used vehicle services. It also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended vehicle service contracts, guaranteed asset protection debt cancellation, prepaid maintenance contracts, key replacement contracts, paintless debt repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company sells its products and services to individual retail customers, other dealers, and licensed wholesalers through its network of dealerships and at auctions. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.
Owning Asbury Automotive Group Inc Stock on the Dividend Date
If you own Asbury Automotive Group Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Asbury Automotive Group Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Asbury Automotive Group Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Asbury Automotive Group Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Asbury Automotive Group Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Asbury Automotive Group Inc Dividends
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