Photronics Inc Dividends
The next dividend date for Photronics 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 Photronics Inc (PLAB)
More About Photronics Inc
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company offers electrical and optical components. It sells its products to semiconductor and FPD designers, manufacturers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.
Owning Photronics Inc Stock on the Dividend Date
If you own Photronics Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Photronics 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 Photronics Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Photronics Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Photronics Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Photronics Inc Dividends
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