Granite Ridge Resources Inc Dividends
The next dividend date for Granite Ridge Resources 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 Granite Ridge Resources Inc (GRNT)
More About Granite Ridge Resources Inc
Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, DJ, and other unconventional basins in the United States. The company is based in Dallas, Texas.
Owning Granite Ridge Resources Inc Stock on the Dividend Date
If you own Granite Ridge Resources Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Granite Ridge Resources 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 Granite Ridge Resources Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Granite Ridge Resources Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Granite Ridge Resources Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Granite Ridge Resources Inc Dividends
You can contact us any time if you would like to ask questions about Granite Ridge Resources Inc dividends or anything else related to the stock market.