Descartes Systems Group Inc Dividends
The next dividend date for Descartes Systems Group 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 Descartes Systems Group Inc (DSGX)
More About Descartes Systems Group Inc
The Descartes Systems Group Inc. provides global logistics technology solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services. It also offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. In addition, the company provides consulting, implementation, and training services, as well as maintenance and support services. It serves transportation providers, such as air, ocean, and truck modes; logistics service providers, including third-party logistics providers, freight forwarders, and customs brokers; and distribution-intensive companies, such as retailers, manufacturers, distributors, and mobile business service providers through subscription, transactional or perpetual license basis. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.
Owning Descartes Systems Group Inc Stock on the Dividend Date
If you own Descartes Systems Group Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Descartes Systems Group 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 Descartes Systems Group Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Descartes Systems Group Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Descartes Systems Group Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Descartes Systems Group Inc Dividends
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