Paylocity Holdng Dividends
The next dividend date for Paylocity Holdng 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 Paylocity Holdng (PCTY)
More About Paylocity Holdng
Paylocity Holding Corporation provides cloud-based human capital management, payroll software, and spend management solutions for the workforce in the United States. The company offers payroll solutions comprising payroll and tax services, global payroll, on-demand payment, and garnishments; human resources (HR) solutions consisting of human resources, employee self-service, workflows and documents, HR compliance dashboard, and HR edge; time and attendance, scheduling, and time collection; time and labor solutions, including time and attendance, scheduling, and time collection; and talent solutions, such as recruiting, onboarding, market pay, learning, performance, and compensation. It also provides benefits solutions comprising benefit enrollment and updates, and third-party administrative solutions; employee experiences consisting of community, video, employee voice, recognition and rewards, modern workforce index, data insights, and reporting; and Paylocity for finance solutions, such as headcount planning, expense management, accounts payable automation, corporate cards, and guided procurement. In addition, the company offers implementation and training, client services, and tax and regulatory services. It serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. The company also sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.
Owning Paylocity Holdng Stock on the Dividend Date
If you own Paylocity Holdng stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Paylocity Holdng stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Paylocity Holdng stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Paylocity Holdng stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Paylocity Holdng dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Paylocity Holdng Dividends
You can contact us any time if you would like to ask questions about Paylocity Holdng dividends or anything else related to the stock market.