AvidXchange Holdings Inc Dividends
The next dividend date for AvidXchange Holdings 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 AvidXchange Holdings Inc (AVDX)
More About AvidXchange Holdings Inc
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in the United States. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. It serves real estate, community association management, construction, financial services, healthcare facilities, social services, education, hospitality, and media sectors through direct salesforces; strategic channel partnerships; and software and technology business partners. AvidXchange Holdings, Inc. was incorporated in 2000 and is headquartered in Charlotte, North Carolina.
Owning AvidXchange Holdings Inc Stock on the Dividend Date
If you own AvidXchange Holdings Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of AvidXchange Holdings 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 AvidXchange Holdings Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying AvidXchange Holdings Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the AvidXchange Holdings Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More AvidXchange Holdings Inc Dividends
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