CGI Inc Dividends
The next dividend date for CGI 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 CGI Inc (GIB)
More About CGI Inc
CGI Inc. provides information technology and business process services in Western and Southern Europe, the United States, Canada, Scandinavia, Northwest and Central-East Europe, the United Kingdom, Australia, Germany, Finland, Poland, Baltics, and the Asia Pacific. It offers end-to-end services and solutions, including business and strategic IT consulting; systems integration, such as data integration, AI and automation integration, cloud integration, Internet of Things, enterprise application integration, application programming interface integration, and legacy system modernization; managed IT and business process; and application services comprising application management, DevSecOps, application modernization and rationalization, and quality engineering and assurance. The company also provides infrastructure services, which include legacy infrastructure modernization, cloud and hybrid infrastructure management, IT service management, FinOps-enabled cloud management, cyber resilience and compliance, site reliability engineering and AIOps, and infrastructure-as-code; and intellectual property business solutions. It serves banking and capital markets, communications and media, energy and utilities, government, health, insurance, life sciences, manufacturing, retail and consumer services, space, transportation, and logistics industries. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.
Owning CGI Inc Stock on the Dividend Date
If you own CGI Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of CGI 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 CGI Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying CGI Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the CGI Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More CGI Inc Dividends
You can contact us any time if you would like to ask questions about CGI Inc dividends or anything else related to the stock market.