Cavco Industries Inc Dividends
The next dividend date for Cavco Industries 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 Cavco Industries Inc (CVCO)
More About Cavco Industries Inc
Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company produces park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. It also produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. In addition, the company provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Further, it offers property and casualty insurance to owners of manufactured homes. The company distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers. The company was founded in 1965 and is headquartered in Phoenix, Arizona.
Owning Cavco Industries Inc Stock on the Dividend Date
If you own Cavco Industries Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cavco Industries 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 Cavco Industries Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cavco Industries Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cavco Industries Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cavco Industries Inc Dividends
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