ProPetro Holding Corp Dividends
The next dividend date for ProPetro Holding 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 ProPetro Holding Corp (PUMP)
More About ProPetro Holding Corp
ProPetro Holding Corp. operates as an integrated oilfield services company. It offers hydraulic fracturing, wireline, cementing, and other complementary oilfield completion services to oil and gas producers and non-oil and gas applications, such as general industrial projects and data centers located primarily in Texas and New Mexico. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas.
Owning ProPetro Holding Corp Stock on the Dividend Date
If you own ProPetro Holding Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of ProPetro Holding 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 ProPetro Holding Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying ProPetro Holding Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the ProPetro Holding Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More ProPetro Holding Corp Dividends
You can contact us any time if you would like to ask questions about ProPetro Holding Corp dividends or anything else related to the stock market.