Daktronics Inc Dividends
The next dividend date for Daktronics 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 Daktronics Inc (DAKT)
More About Daktronics Inc
Daktronics, Inc. designs, manufactures, and sells electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial, and transportation applications in the United States and internationally. It operates through Commercial, Live Events, High School Park and Recreation, Transportation, and International segments. The company offers video display and walls; scoreboards and timing systems; LED message displays and sings; intelligent transportation systems dynamic message signs; mass transit display; sound systems; and digital billboards and street furniture, and digit and price displays. It also provides indoor dynamic messaging systems; and software and controllers, which includes Venus, a control suite software to control the creation of messages and graphic sequences for uploading to displays. The company serves out-of-home companies, retailers, quick-serve restaurants, casinos, shopping centers, cruise ships, commercial building owners, petroleum retailers, governmental transportation departments, transportation industry contractors, airlines, and sports and commercial business facilities. It sells its products through direct sales and resellers. Daktronics, Inc. was incorporated in 1968 and is headquartered in Brookings, South Dakota.
Owning Daktronics Inc Stock on the Dividend Date
If you own Daktronics Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Daktronics 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 Daktronics Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Daktronics Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Daktronics Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Daktronics Inc Dividends
You can contact us any time if you would like to ask questions about Daktronics Inc dividends or anything else related to the stock market.