AutoNation Inc Dividends
The next dividend date for AutoNation 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 AutoNation Inc (AN)
More About AutoNation Inc
AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates through four segments: Domestic, Import, Premium Luxury, and AutoNation Finance. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services. The company also provides automotive finance and insurance products comprising vehicle services and other protection products; and indirect financing for vehicles, as well as arranges finance for vehicle purchases through third-party finance sources. It owns and operates new vehicle franchises from stores located in metropolitan markets in the Sunbelt region, as well as AutoNation-branded collision centers, AutoNation USA used vehicle stores, AutoNation-branded automotive auction operations, and parts distribution centers. The company was formerly known as Republic Industries, Inc. and changed its name to AutoNation, Inc. in 1999. AutoNation, Inc. was incorporated in 1980 and is headquartered in Fort Lauderdale, Florida.
Owning AutoNation Inc Stock on the Dividend Date
If you own AutoNation Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of AutoNation 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 AutoNation Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying AutoNation Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the AutoNation Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More AutoNation Inc Dividends
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