Permian Resources Corporation Dividends
The next dividend date for Permian Resources Corporation 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 Permian Resources Corporation (PR)
More About Permian Resources Corporation
Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in Reeves County in West Texas and Lea County in New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.
Owning Permian Resources Corporation Stock on the Dividend Date
If you own Permian Resources Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Permian Resources Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Permian Resources Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Permian Resources Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Permian Resources Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Permian Resources Corporation Dividends
You can contact us any time if you would like to ask questions about Permian Resources Corporation dividends or anything else related to the stock market.