ESS Tech Inc Dividends
The next dividend date for ESS Tech 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 ESS Tech Inc (GWH)
More About ESS Tech Inc
ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; Energy Center, which is designed to allow customers to connect multiple units in various configurations and supporting energy storage projects ranging from sub-megawatt to tens-of-megawatt scale; and Energy Base, a gigawatt-scale storage product. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.
Owning ESS Tech Inc Stock on the Dividend Date
If you own ESS Tech Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of ESS Tech 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 ESS Tech Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying ESS Tech Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the ESS Tech Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More ESS Tech Inc Dividends
You can contact us any time if you would like to ask questions about ESS Tech Inc dividends or anything else related to the stock market.