Owens Corning Inc Dividends
The next dividend date for Owens Corning 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 Owens Corning Inc (OC)
More About Owens Corning Inc
Owens Corning provides residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Roofing, Insulation, Doors, and Composites. The company offers laminate and strip asphalt roofing shingles, roofing components, and oxidized asphalt. It also provides high, mid, and low temperature products; thermal and acoustical batts, loosefill insulation, spray foam, and foam sheathing and accessories under the Owens Corning PINK, Next Gen, and FIBERGLAS Insulation brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated stone wool insulation, and cellular glass insulation and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names. In addition, the company offers residential interior and exterior doors; aluminum framed glass doors and window solutions; and door components, such as frames, sills, weather-stripping, and hinges and locks. Further, it manufactures, fabricates, and sells glass reinforcements in the form of fiber and mats. The company distributes its products to distributors, home centers and lumberyards, installers, retailers, homebuilders, contractors, dealers, parts molders, and fabricators. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.
Owning Owens Corning Inc Stock on the Dividend Date
If you own Owens Corning Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Owens Corning 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 Owens Corning Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Owens Corning Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Owens Corning Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Owens Corning Inc Dividends
You can contact us any time if you would like to ask questions about Owens Corning Inc dividends or anything else related to the stock market.