Custom Truck One Source Inc Dividends
The next dividend date for Custom Truck One Source 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 Custom Truck One Source Inc (CTOS)
More About Custom Truck One Source Inc
Custom Truck One Source, Inc. provides specialty equipment rental and sale services to electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. It operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). The ERS segment owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. Its TES segment offers new equipment for sale to be used for end-markets, which can be modified to meet customers specific needs. The APS segment provides truck and equipment maintenance and repair services; and rents and sells specialized tools, including stringing blocks, insulated hot stick, and rigging equipment, as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. Custom Truck One Source, Inc. was founded in 1988 and is headquartered in Kansas City, Missouri.
Owning Custom Truck One Source Inc Stock on the Dividend Date
If you own Custom Truck One Source Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Custom Truck One Source 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 Custom Truck One Source Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Custom Truck One Source Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Custom Truck One Source Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Custom Truck One Source Inc Dividends
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