Pinnacle Financial Partners, Inc. Dividends
The next dividend date for Pinnacle Financial Partners, 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 Pinnacle Financial Partners, Inc. (PNFP)
More About Pinnacle Financial Partners, Inc.
Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. It accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, such as online wire origination, enhanced ACH origination, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services, small business and commercial credit cards corporate purchasing cards, and virtual accounting/deposit escrow solutions. The company also offers equipment and working capital loan; commercial real estate loans, such as investment properties and business loan; secured and unsecured loans comprising installment and term, lines of credit, and residential first mortgage, as well as home equity loans and home equity lines of credit; and credit cards for consumers and businesses. In addition, the company provides investment products; brokerage and investment advisory programs; and fiduciary and investment services, including personal trust, investment management, estate administration, endowments, foundations, individual retirement accounts, escrow services, and custody. Further, it offers insurance agency services in the property and casualty area; investment, merger and acquisition advisory services, private debt, equity and mezzanine, and other middle-market advisory services; and other banking services, including telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.
Owning Pinnacle Financial Partners, Inc. Stock on the Dividend Date
If you own Pinnacle Financial Partners, Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Pinnacle Financial Partners, 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 Pinnacle Financial Partners, Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Pinnacle Financial Partners, Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Pinnacle Financial Partners, Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Pinnacle Financial Partners, Inc. Dividends
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