ProFrac Holding Corp. Dividends
The next dividend date for ProFrac Holding Corp. 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 ProFrac Holding Corp. (ACDC)
More About ProFrac Holding Corp.
ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Proppant Production, and Manufacturing. The company offers hydraulic fracturing, proppant production, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends, as well as other auxiliary equipment. The company was founded in 2016 and is headquartered in Willow Park, Texas.
Owning ProFrac Holding Corp. Stock on the Dividend Date
If you own ProFrac Holding Corp. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of ProFrac Holding Corp. stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of ProFrac Holding Corp. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying ProFrac Holding Corp. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the ProFrac Holding Corp. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More ProFrac Holding Corp. Dividends
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