Topbuild Corp Dividends
The next dividend date for Topbuild Corp 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 Topbuild Corp (BLD)
More About Topbuild Corp
TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products. The company also offers insulation installation services for fiberglass batts and rolls, blown-in loose fill fiberglass, polyurethane spray foam, and blown-in loose fill cellulose applications. In addition, it distributes building and mechanical insulation, insulation accessories, and other building product materials for the residential, commercial, and industrial end markets. The company serves single-family homebuilders, single-family custom builders, multi-family builders, commercial general contractors, remodelers, and individual homeowners, as well as insulation contractors, gutter contractors, weatherization contractors, other contractors, dealers, metal building erectors, and modular home builders. It operates installation branches and distribution centers in the United States and Canada. The company was formerly known as Masco SpinCo Corp. and changed its name to TopBuild Corp. in March 2015. TopBuild Corp. was incorporated in 2015 and is headquartered in Daytona Beach, Florida.
Owning Topbuild Corp Stock on the Dividend Date
If you own Topbuild Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Topbuild Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Topbuild Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Topbuild Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Topbuild Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Topbuild Corp Dividends
You can contact us any time if you would like to ask questions about Topbuild Corp dividends or anything else related to the stock market.