iHeartMedia Inc Class A Dividends
The next dividend date for iHeartMedia Inc Class A 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 iHeartMedia Inc Class A (IHRT)
More About iHeartMedia Inc Class A
iHeartMedia, Inc. operates as an audio media company in the United States. It operates in three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorships and events, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates. This segment also delivers real-time traffic flow and incident information, as well as weather updates, sports, and news. Its Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services and programs, and ad tech platforms; and iHeartRadio, a mobile app and web-based service for radio stations, digital only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business; and provides scheduling and broadcast software and services. This segment also provides RCS, a cloud and on-premises broadcast software, which offers radio and television automation, music scheduling, newsroom automation, advertising sales management, and disaster recovery solutions; and real-time audio recognition technology to radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. was incorporated in 1974 and is headquartered in San Antonio, Texas.
Owning iHeartMedia Inc Class A Stock on the Dividend Date
If you own iHeartMedia Inc Class A stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of iHeartMedia Inc Class A stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of iHeartMedia Inc Class A stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying iHeartMedia Inc Class A stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the iHeartMedia Inc Class A dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More iHeartMedia Inc Class A Dividends
You can contact us any time if you would like to ask questions about iHeartMedia Inc Class A dividends or anything else related to the stock market.