GrowGeneration Corp Dividends
The next dividend date for GrowGeneration Corp 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 GrowGeneration Corp (GRWG)
More About GrowGeneration Corp
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It operates through two segments, Cultivation and Gardening, and Storage Solutions. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor cultivation products. Its products include proprietary brands, such as Charcoir, Drip Hydro, Power Si, Ion lights, The Harvest Company, and more. The company operates a chain of stores in Alaska, California, Colorado, Florida, Maine, Michigan, Missouri, New Jersey, New York, Ohio, Oklahoma, Oregon, Rhode Island, Utah, and Washington, as well as growgeneration.com, an online superstore; a wholesale distribution business for resellers; and benching, racking, and storage solutions business under Mobile Media or MMI brand. In addition, it offers mobile storage systems, static shelving, and other accessories, such as desks, lockers, safes, and secured storage. Further, the company provides various services, including site surveys, floor plan designs, capacity analysis, seismic calculations, permitting, and installations. It serves diverse markets with its products and services, such as agriculture, retail, warehousing, office and administrative, food service, hospitality, golf and country clubs, and more. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.
Owning GrowGeneration Corp Stock on the Dividend Date
If you own GrowGeneration Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of GrowGeneration Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of GrowGeneration Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying GrowGeneration Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the GrowGeneration Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning GrowGeneration Corp Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in GrowGeneration Corp stock price from the dividend is already baked into GrowGeneration Corp option prices.
That means the prices of call options that overlap the GrowGeneration Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the GrowGeneration Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of GrowGeneration Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of GrowGeneration Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More GrowGeneration Corp Dividends
You can contact us any time if you would like to ask questions about GrowGeneration Corp dividends or anything else related to the stock market.