GMS Inc Dividends
The next dividend date for GMS 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 GMS Inc (GMS)
More About GMS Inc
GMS Inc. operates a network of distribution centers that offer wallboard, ceilings, steel framing, and complementary construction products in the United States and Canada. The company offers wallboards for interior and exterior walls and ceilings in residential and commercial structures; ceiling products, including suspended mineral fibers, soft fibers, and metal ceiling systems used in offices, hotels, hospitals, retail facilities, schools, and other commercial and institutional buildings; and steel framing products comprising steel track, studs, and other steel products used to frame the interior walls of a commercial or institutional building. It also provides complementary products, such as tools and fasteners, insulation, EIFS and stucco, lumber and other wood products, ready-mix joint compound and safety products. In addition, the company operates tool sales, rental, and service centers. It serves professional contractors and homebuilders. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia.
Owning GMS Inc Stock on the Dividend Date
If you own GMS Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of GMS 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 GMS Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying GMS Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the GMS Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More GMS Inc Dividends
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