Kontoor Brands Inc Dividends
The next dividend date for Kontoor Brands 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 Kontoor Brands Inc (KTB)
More About Kontoor Brands Inc
Kontoor Brands, Inc., a lifestyle apparel company, designs, produces, procures, markets, distributes, and licenses denim, apparel, footwear, and accessories, primarily under the Wrangler and Lee brands. The company operates through two segments: Wrangler and Lee. It licenses and sells apparel under the Rock & Republic brand name. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. It operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Kontoor Brands, Inc. was incorporated in 2018 and is headquartered in Greensboro, North Carolina.
Owning Kontoor Brands Inc Stock on the Dividend Date
If you own Kontoor Brands Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Kontoor Brands 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 Kontoor Brands Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Kontoor Brands Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Kontoor Brands Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Kontoor Brands Inc Dividends
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