Credo Technology Group Holding Ltd Dividends
The next dividend date for Credo Technology Group Holding Ltd 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 Credo Technology Group Holding Ltd (CRDO)
More About Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. It provides HiWire active electrical cables solutions, including HiWire CLOS, SPAN, SHIFT, and SWITCH; optical PAM4 digital signal processors; low-power line card PHY; serializer/deserializer (SerDes) chiplets; and SerDes IP, as well as integrated circuits. The company also offers intellectual property solutions consist of SerDes IP licensing. In addition, it offers predictive integrity link optimization and telemetry; PCIe retimer solutions; and support and maintenance, engineering, and royalties services. The company sells its products to hyperscalers, original equipment manufacturers, original design manufacturers, and optical module manufacturers, as well as into the enterprise and HPC markets. Credo Technology Group Holding Ltd was founded in 2008 and is based in Grand Cayman, the Cayman Islands.
Owning Credo Technology Group Holding Ltd Stock on the Dividend Date
If you own Credo Technology Group Holding Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Credo Technology Group Holding Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Credo Technology Group Holding Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Credo Technology Group Holding Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Credo Technology Group Holding Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Credo Technology Group Holding Ltd Dividends
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