Motorcar Parts of America Inc Dividends
The next dividend date for Motorcar Parts of America 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 Motorcar Parts of America Inc (MPAA)
More About Motorcar Parts of America Inc
Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. It operates through three segments: Hard Parts, Test Solutions and Diagnostic Equipment, and Heavy Duty. The company offers light duty rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders; and turbochargers. It also provides test solutions and diagnostic equipment that include applications for combustion engine vehicles, such as bench-top testers for alternators and starters; equipment for the pre- and post-production of electric vehicles; and software emulation of power systems applications for the electrification of various forms of transportation. In addition, the company offers heavy duty parts, including non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, marine, and agricultural applications. It sells its products to automotive retail chain stores and warehouse distributors in North America, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs. The company provides its products under the Private Label, Quality-Built, Pure Energy, D&V Electronics, Dixie Electric, and DelStar brands. Motorcar Parts of America, Inc. was incorporated in 1968 and is headquartered in Torrance, California.
Owning Motorcar Parts of America Inc Stock on the Dividend Date
If you own Motorcar Parts of America Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Motorcar Parts of America 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 Motorcar Parts of America Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Motorcar Parts of America Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Motorcar Parts of America Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Motorcar Parts of America Inc Dividends
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