ProAssurance Corporation Dividends
The next dividend date for ProAssurance 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 ProAssurance Corporation (PRA)
More About ProAssurance Corporation
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. It operates through Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance segments. The company offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed reinsurance, loss portfolio transfers, and captive cell programs for healthcare professional liability insureds. It also provides workers' compensation insurance products, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. It markets its products through independent agencies and brokers, as well as an internal business development team. ProAssurance Corporation was founded in 1976 and is headquartered in Birmingham, Alabama.
Owning ProAssurance Corporation Stock on the Dividend Date
If you own ProAssurance Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of ProAssurance 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 ProAssurance Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying ProAssurance Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the ProAssurance Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More ProAssurance Corporation Dividends
You can contact us any time if you would like to ask questions about ProAssurance Corporation dividends or anything else related to the stock market.