First American Corporation Dividends
The next dividend date for First American Corporation 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 First American Corporation (FAF)
More About First American Corporation
First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; appraisals and other valuation-related products and services; lien release, document custodial, and default-related products and services; document generation services; warehouse lending services; and subservices mortgage loans; as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in various states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, New Zealand, South Korea, and internationally. The Home Warranty segment provides home warranty products, including residential service contracts that cover residential systems, such as heating and air conditioning systems, and various appliances against failures that occur as the result of normal usage during the coverage period. This segment operates in various states and the District of Columbia. First American Financial Corporation was founded in 1889 and is based in in Santa Ana, California.
Owning First American Corporation Stock on the Dividend Date
If you own First American Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of First American Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of First American Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying First American Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the First American Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More First American Corporation Dividends
You can contact us any time if you would like to ask questions about First American Corporation dividends or anything else related to the stock market.