PBF Energy Inc Dividends
The next dividend date for PBF Energy 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 PBF Energy Inc (PBF)
More About PBF Energy Inc
PBF Energy Inc., through its subsidiaries, engages in refining and supplying petroleum products. The company operates through two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, Mexico, and internationally. It is also involved in the provision of various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. The company was founded in 2008 and is based in Parsippany, New Jersey.
Owning PBF Energy Inc Stock on the Dividend Date
If you own PBF Energy Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of PBF Energy 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 PBF Energy Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying PBF Energy Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the PBF Energy Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More PBF Energy Inc Dividends
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