Astronics Corporation Dividends
The next dividend date for Astronics 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 Astronics Corporation (ATRO)
More About Astronics Corporation
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, systems certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial transport, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, communications, and mass transit industries, as well as training and simulation devices for commercial and military applications. This segment serves OEMs and prime government contractors for electronics and military products. Astronics Corporation was incorporated in 1968 and is headquartered in East Aurora, New York.
Owning Astronics Corporation Stock on the Dividend Date
If you own Astronics Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Astronics 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 Astronics Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Astronics Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Astronics Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Astronics Corporation Dividends
You can contact us any time if you would like to ask questions about Astronics Corporation dividends or anything else related to the stock market.