Allegro Microsystems Inc Dividends
The next dividend date for Allegro Microsystems 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 Allegro Microsystems Inc (ALGM)
More About Allegro Microsystems Inc
Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.
Owning Allegro Microsystems Inc Stock on the Dividend Date
If you own Allegro Microsystems Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Allegro Microsystems 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 Allegro Microsystems Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Allegro Microsystems Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Allegro Microsystems Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Allegro Microsystems Inc Dividends
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