Manitowoc Company Inc Dividends
The next dividend date for Manitowoc Company 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 Manitowoc Company Inc (MTW)
More About Manitowoc Company Inc
The Manitowoc Company, Inc., together with its subsidiaries, provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, the Asia Pacific, and internationally. The company designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes comprising rough-terrain cranes, all-terrain cranes, truck-mounted cranes, telescopic crawler cranes, industrial cranes, and hydraulic boom trucks under the Grove, Shuttlelift, and National Crane brands. It also provides aftermarket services, such as sale of parts and accessories, field service work, routine maintenance services, technical support, erection and decommissioning services, crane and component remanufacturing, training, and telematics services. The company's crane products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial; infrastructure, such as road, bridge, and airport construction; and commercial and residential construction. It serves a range of customers, including dealers, rental companies, contractors, and government entities in the petrochemical, industrial, commercial construction, power and utilities, infrastructure, and residential construction end markets. The Manitowoc Company, Inc. was founded in 1902 and is headquartered in Milwaukee, Wisconsin.
Owning Manitowoc Company Inc Stock on the Dividend Date
If you own Manitowoc Company Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Manitowoc Company 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 Manitowoc Company Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Manitowoc Company Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Manitowoc Company Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Manitowoc Company Inc Dividends
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