Knife River Corporation Dividends
The next dividend date for Knife River Corporation 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 Knife River Corporation (KNF)
More About Knife River Corporation
Knife River Corporation, together with its subsidiaries, provides aggregates-led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete. It also provides contracting service, such as heavy-civil construction, asphalt and concrete paving, and site development and grading. In addition, the company sells cement, merchandise, and other building materials and related services; and produces and supplies liquid asphalt for use in asphalt road construction. The company sells its construction materials to public and private-sector customers comprising federal, state, and municipal governments; industrial, commercial, and residential developers, as well as other private parties; and provides its contracting services to public-sector customers for the development and servicing of highways, local roads, bridges, and other public-infrastructure projects. Knife River Corporation was founded in 1917 and is headquartered in Bismarck, North Dakota.
Owning Knife River Corporation Stock on the Dividend Date
If you own Knife River Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Knife River Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Knife River Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Knife River Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Knife River Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Knife River Corporation Dividends
You can contact us any time if you would like to ask questions about Knife River Corporation dividends or anything else related to the stock market.