Addus HomeCare Corporation Dividends
The next dividend date for Addus HomeCare Corporation 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 Addus HomeCare Corporation (ADUS)
More About Addus HomeCare Corporation
Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. It operates through three segments: Personal Care, Hospice, and Home Health. The Personal Care segment provides non-medical assistance with activities of daily living. This segment offers services that include assistance with bathing, grooming, oral care, feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services. The Hospice segment provides palliative nursing care, social work, spiritual counseling, homemaker, and bereavement counseling services for people who are terminally ill, as well as related services for their families. The Home Health segment offers skilled nursing and physical, occupational, and speech therapy for the individuals who requires assistance during an illness or after hospitalization. The company serves federal, state, and local governmental agencies; managed care organizations; commercial insurers; and private individuals. Addus HomeCare Corporation was founded in 1979 and is headquartered in Frisco, Texas.
Owning Addus HomeCare Corporation Stock on the Dividend Date
If you own Addus HomeCare Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Addus HomeCare Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Addus HomeCare Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Addus HomeCare Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Addus HomeCare Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Addus HomeCare Corporation Dividends
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