Citi Trends Inc Dividends
The next dividend date for Citi Trends 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 Citi Trends Inc (CTRN)
More About Citi Trends Inc
Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. The company offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids uniforms and accessories. It also provides accessories and beauty products that include handbags, luggage, hats, belts, sunglasses, jewelry, and watches, as well as offers outerwear for men and women. In addition, the company offers home and lifestyle products comprising home products for the bedroom, bathroom, kitchen, and decorative accessories; and food, tech, team sports, health and products, as well as seasonal items, books, and toys. Citi Trends, Inc. provides its products primarily to African American and multicultural families in the United States. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.
Owning Citi Trends Inc Stock on the Dividend Date
If you own Citi Trends Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Citi Trends 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 Citi Trends Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Citi Trends Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Citi Trends Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Citi Trends Inc Dividends
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