Freightcar America Inc Dividends
The next dividend date for Freightcar America 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 Freightcar America Inc (RAIL)
More About Freightcar America Inc
FreightCar America, Inc., through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates through two segments: Manufacturing and Parts. The company offers a range of railcars, including boxcars, covered and open-top hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars, coal cars, dynastack series, steel products, boxcars, aluminum coal cars, stainless steel and hybrid stainless steel cars, and other railcar types. It also sells used railcars; rebuilds, converts, and leases railcars; and sells forged, cast, and fabricated parts for various railcars. It serves shippers, railroads, and financial institutions. FreightCar America, Inc. was founded in 1901 and is headquartered in Chicago, Illinois.
Owning Freightcar America Inc Stock on the Dividend Date
If you own Freightcar America Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Freightcar America 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 Freightcar America Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Freightcar America Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Freightcar America Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Freightcar America Inc Dividends
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