Celestica Inc. Dividends
The next dividend date for Celestica 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 Celestica Inc. (CLS)
More About Celestica Inc.
Celestica Inc., together with its subsidiaries, provides supply chain solutions in Asia, North America, and internationally. It operates through two segments, Advanced Technology Solutions, and Connectivity and Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services, including open-source software that can be used as-is or customized for specific applications; and management of program, including design and supply chain, manufacturing, and after-market support, including IT asset disposition and asset management services. The company offers its products and services to original equipment manufacturers, and cloud-based and other service providers, including hyperscalers, and other companies in aerospace and defense, industrial, HealthTech, capital equipment, communications, and enterprise markets. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.
Owning Celestica Inc. Stock on the Dividend Date
If you own Celestica Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Celestica 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 Celestica Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Celestica Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Celestica Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Celestica Inc. Dividends
You can contact us any time if you would like to ask questions about Celestica Inc. dividends or anything else related to the stock market.