QXO, Inc. Dividends
The next dividend date for QXO, 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 QXO, Inc. (QXO)
More About QXO, Inc.
QXO, Inc. distributes roofing, waterproofing, and other building products in the United States. It offers asphalt, metal roofing, wood roofing, tile roofing, slate roofing, roofing accessories, and roofing insulation products; vinyl siding, aluminum siding, steel siding, fiber cement siding, wood and composite siding, trim and accessories, and gutters and accessories; built-up roofing, modified roofing, EPDM roofing, PVC roofing, and low-slope metal roofing; as well as air and vapor barriers, fluid-applied products, repair and protection solutions, and membrane waterproofing products. The company also provides building materials and supplies, such as exterior materials, interior materials, and tools and equipment; and roof hatches and other tri-built building products. It serves contractors, distributors, and suppliers to streamline operations. QXO, Inc. was formerly known as SilverSun Technologies, Inc. and changed its name to QXO, Inc. in June 2024. The company is based in Greenwich, Connecticut.
Owning QXO, Inc. Stock on the Dividend Date
If you own QXO, Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of QXO, 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 QXO, Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying QXO, Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the QXO, Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More QXO, Inc. Dividends
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