Parsons Corp Dividends
The next dividend date for Parsons Corp 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 Parsons Corp (PSN)
More About Parsons Corp
Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment offers critical technologies, such as cyber; missile defense; intelligence; electronic warfare; space ground systems; space and weapon system resiliency; geospatial and signals intelligence; environmental remediation; border security and critical infrastructure protection; counter unmanned air systems; and biometrics and bio surveillance solutions to the U.S. government and its agencies. This segment also provides software and hardware; satellite ground systems support and operations, flight dynamics, data fusion and analytics, platform system integration, directed energy, and command and control systems; digital landscape and mission support; and weapons of mass destruction elimination and munition destruction, architectural design, program and construction management, infectious disease control, and advanced electronic security systems, as well as remediation of unexploded ordinances and hazardous, toxic, and reactive wastes. Its Critical Infrastructure segment develops solutions for aviation, rail and transit, bridges, roads, and highways. This segment also provides technical solutions, project conceptualization, urban planning, landscape architecture, sewage treatment and drainage, and events management; AI/ML, cloud, digital twins, systems integration, transportation network software, vehicle inspection data analytics software, automated people mover, electric vehicle infrastructure, and autonomous vehicle integration services; and planning, engineering, and management services for infrastructure, including bridges and tunnels, roads and highways, and water and wastewater. Parsons Corporation was founded in 1944 and is headquartered in Chantilly, Virginia.
Owning Parsons Corp Stock on the Dividend Date
If you own Parsons Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Parsons Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Parsons Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Parsons Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Parsons Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Parsons Corp Dividends
You can contact us any time if you would like to ask questions about Parsons Corp dividends or anything else related to the stock market.