Ferguson Plc Dividends
The next dividend date for Ferguson Plc 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 Ferguson Plc (FERG)
More About Ferguson Plc
Ferguson Enterprises Inc. distributes plumbing and heating products in the United States and Canada. The company provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, and fabrication, as well as heating, ventilation, and air conditioning (HVAC) to residential and non-residential customers. It also supplies specialist water and wastewater treatment products to residential, commercial, and infrastructure contractors, as well as supplies pipe, valves, and fittings solutions to industrial customers. In addition, it offers customized solutions, such as virtual design, fabrication, valve actuation, pre-assembly, kitting, installation, and project management services, as well as after-sales support that comprises warranty, credit, project-based billing, returns and maintenance, and repair and operations support. The company sells its products through a network of distribution centers, branches, counter service and specialist sales associates, showroom consultants, and e-commerce channels. Ferguson Enterprises Inc. was founded in 1953 and is headquartered in Newport News, Virginia.
Owning Ferguson Plc Stock on the Dividend Date
If you own Ferguson Plc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Ferguson Plc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Ferguson Plc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Ferguson Plc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Ferguson Plc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Ferguson Plc Dividends
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