PRA Group Inc Dividends
The next dividend date for PRA Group 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 PRA Group Inc (PRAA)
More About PRA Group Inc
PRA Group, Inc., a financial services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide. The company purchases accounts that are primarily unpaid obligations of individuals owed to credit originators. It also purchases and collects nonperforming loans, which are sold by credit originators when they choose not to pursue, or have been unsuccessful in, collecting the full balance owed. In addition, the company is involved in purchasing and collecting on nonperforming loans where the customer is involved in a bankruptcy or similar proceeding; and purchase and provide fee-based services for class action claims recoveries. Its nonperforming loans, includes general purpose and private label credit cards, consumer loans, auto loans, overdrafts, and small business loans. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia.
Owning PRA Group Inc Stock on the Dividend Date
If you own PRA Group Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of PRA Group 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 PRA Group Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying PRA Group Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the PRA Group Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More PRA Group Inc Dividends
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