Construction Partners Inc Dividends
The next dividend date for Construction Partners 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 Construction Partners Inc (ROAD)
More About Construction Partners Inc
Construction Partners, Inc., a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Texas. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments. It engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; and paving activities, including the construction of roadway base layers and application of asphalt pavement. In addition, the company is involved in site development, including the installation of utility and drainage systems; mining aggregates, such as sand, gravel, and construction stones that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. The company was incorporated in 2007 and is headquartered in Dothan, Alabama.
Owning Construction Partners Inc Stock on the Dividend Date
If you own Construction Partners Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Construction Partners 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 Construction Partners Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Construction Partners Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Construction Partners Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Construction Partners Inc Dividends
You can contact us any time if you would like to ask questions about Construction Partners Inc dividends or anything else related to the stock market.