Nine Energy Service Inc Dividends
The next dividend date for Nine Energy Service 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 Nine Energy Service Inc (NINE)
More About Nine Energy Service Inc
Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. The company offers cementing services, including blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. It also provides open hole and cemented completion tool products, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, the company offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.
Owning Nine Energy Service Inc Stock on the Dividend Date
If you own Nine Energy Service Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Nine Energy Service 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 Nine Energy Service Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Nine Energy Service Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Nine Energy Service Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Nine Energy Service Inc Dividends
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