Dayforce Inc. Dividends
The next dividend date for Dayforce 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 Dayforce Inc. (DAY)
More About Dayforce Inc.
Dayforce Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, Australia, and internationally. The company offers Dayforce, a cloud HCM platform that provides human resources, payroll and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market. It also provides payroll and payroll-related services; and professional services for its solutions, which include training and implementation consulting services. In addition, the company is involved in the shipment, rental, maintenance, and sale of payroll time clocks. It sells its solutions through direct sales force and third-party channels. The company was formerly known as Ceridian HCM Holding Inc. and changed its name to Dayforce Inc. in February 2024. Dayforce Inc. was founded in 1992 and is headquartered in Minneapolis, Minnesota.
Owning Dayforce Inc. Stock on the Dividend Date
If you own Dayforce Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Dayforce 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 Dayforce Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Dayforce Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Dayforce Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Dayforce Inc. Dividends
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