California Resources Corp Dividends
The next dividend date for California Resources 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 California Resources Corp (CRC)
More About California Resources Corp
California Resources Corporation operates as an independent energy and carbon management company in the United States. It operates in two segments, Oil and Natural Gas, and Carbon Management. The company explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. It also provides Carbon TerraVault which build, install, operate, and maintain CO2 capture equipment, transportation assets, and storage facilities. In addition, the company owns and operates power generation facilities, as well as smaller gas-fired power plants used to generate power for oil and natural gas operations. The company was incorporated in 2014 and is based in Long Beach, California.
Owning California Resources Corp Stock on the Dividend Date
If you own California Resources Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of California Resources 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 California Resources Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying California Resources Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the California Resources Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More California Resources Corp Dividends
You can contact us any time if you would like to ask questions about California Resources Corp dividends or anything else related to the stock market.