Rockwell Automation Inc Dividends
The next dividend date for Rockwell Automation 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 Rockwell Automation Inc (ROK)
More About Rockwell Automation Inc
Rockwell Automation, Inc., together with its subsidiaries, provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates in three segments: Intelligent Devices, Software & Control, and Lifecycle Services. The company offers drives, motion, advanced material handling, safety, sensing, industrial components, hardware, software, and configured-to-order products; and control and visualization software and hardware, digital twin, simulation and information software, network and security infrastructure, and custom-engineered systems. It also provides digital consulting, professional services, engineered-to-order solutions, recurring services, cybersecurity, safety, remote monitoring, customer technical support and repair, asset management and optimization consulting, and training, as well as spare parts. The company sells its products through independent distributors in relation to its direct sales force. It serves discrete end markets, including automotive, semiconductor, e-commerce, and warehouse automation; hybrid end markets, such as food and beverage, life sciences, and tire; and process end markets comprising energy, mining, and chemicals. The company was formerly known as Rockwell International Corporation and changed its name to Rockwell Automation, Inc. in February 2002. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.
Owning Rockwell Automation Inc Stock on the Dividend Date
If you own Rockwell Automation Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Rockwell Automation 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 Rockwell Automation Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Rockwell Automation Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Rockwell Automation Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Rockwell Automation Inc Dividends
You can contact us any time if you would like to ask questions about Rockwell Automation Inc dividends or anything else related to the stock market.