Cemtrex Inc Dividends
The next dividend date for Cemtrex 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 Cemtrex Inc (CETX)
More About Cemtrex Inc
Cemtrex, Inc. operates as a technology company in the United States and internationally. It operates through Security, Industrial Services, and Cemtrex Corporate segments. The company offers browser-based video monitoring and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices; and provides critical security and video surveillance solutions utilizing artificial intelligence based data algorithms. It also provides services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. It serves smart technologies, virtual and augmented realities, industrial solutions, and intelligent security systems sectors. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is headquartered in Brooklyn, New York.
Owning Cemtrex Inc Stock on the Dividend Date
If you own Cemtrex Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cemtrex 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 Cemtrex Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cemtrex Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cemtrex Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cemtrex Inc Dividends
You can contact us any time if you would like to ask questions about Cemtrex Inc dividends or anything else related to the stock market.