Par Pacific Holdings Inc Dividends
The next dividend date for Par Pacific Holdings 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 Par Pacific Holdings Inc (PARR)
More About Par Pacific Holdings Inc
Par Pacific Holdings, Inc. operates as an energy company in the United States. The company operates through three segments: Refining, Retail, and Logistics. The Refining segment owns and operates refineries that produce gasoline, distillate, asphalt, and other products primarily for consumption in Kapolei, Hawaii, Newcastle, Wyoming, Tacoma, Washington, and Billings, Montana. The Retail segment operates fuel retail outlets that sell gasoline, diesel, and retail merchandise, such as soft drinks, prepared food, and other sundries under the Hele, 76, and nomnom brands in Hawaii, Washington, and Idaho, as well as unattended cardlock stations. The Logistics segment owns and operates terminals, pipelines, single point mooring, trucking operations, marine vessels, storage facilities, loading and truck racks, and rail facilities to distribute ethanol, petroleum, and refined products throughout Hawaii, the United States West Coast, Washington, the Dakotas, and Wyoming; and a jet fuel storage facility and pipeline that serves Ellsworth Air Force Base in South Dakota. The company also holds interest in refined products pipeline. In addition, it owns and operates a single point mooring in Hawaii, a marine terminal, a unit train-capable rail loading terminal; a truck rack, and a proprietary pipeline that serves Joint Base Lewis McChord. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was incorporated in 1984 and is headquartered in Houston, Texas.
Owning Par Pacific Holdings Inc Stock on the Dividend Date
If you own Par Pacific Holdings Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Par Pacific Holdings 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 Par Pacific Holdings Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Par Pacific Holdings Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Par Pacific Holdings Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Par Pacific Holdings Inc Dividends
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