Geo Group Inc Dividends
The next dividend date for Geo 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 Geo Group Inc (GEO)
More About Geo Group Inc
The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO's diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO's worldwide operations include the ownership and/or delivery of support services for 95 facilities totaling approximately 75,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 20,000 employees.
Owning Geo Group Inc Stock on the Dividend Date
If you own Geo Group Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Geo 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 Geo Group Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Geo Group Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Geo Group Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Geo Group Inc Dividends
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