Digital Brands Group, Inc. Common Stock Dividends
The next dividend date for Digital Brands Group, Inc. Common Stock 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 Digital Brands Group, Inc. Common Stock (DBGI)
More About Digital Brands Group, Inc. Common Stock
Digital Brands Group, Inc. engages in the provision of various apparel products through direct-to-consumer and wholesale distribution. The company offers women's clothing, including dresses, tops, jumpsuits, sets, shirts, sweaters, skirts, shorts, athleisure bottoms, and other accessory products, as well as t-shirts, jackets and rompers. It sells its products under the Bailey 44, Stateside, DSTLD, Sundry, and AVO Studios brand names. The company sells directly to the consumer through its websites and showrooms, as well as through its wholesale channel in specialty stores and select department stores. The company was formerly known as Denim.LA, Inc. Digital Brands Group, Inc. was incorporated in 2012 and is headquartered in Austin, Texas.
Owning Digital Brands Group, Inc. Common Stock Stock on the Dividend Date
If you own Digital Brands Group, Inc. Common Stock stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Digital Brands Group, Inc. Common Stock stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Digital Brands Group, Inc. Common Stock stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Digital Brands Group, Inc. Common Stock stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Digital Brands Group, Inc. Common Stock dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Digital Brands Group, Inc. Common Stock Dividends
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