Repay Holdings Corp Dividends
The next dividend date for Repay Holdings 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 Repay Holdings Corp (RPAY)
More About Repay Holdings Corp
Repay Holdings Corporation, a payments technology company, provides integrated payment processing solutions that enables consumers and businesses to make payments using electronic payment methods in the United States. It operates through two segments: Consumer Payments and Business Payments. The company offers payment acceptance solutions, such as debit and credit card processing, automated clearing house (ACH) processing, e-cash, and digital wallet services; virtual credit card processing, enhanced ACH processing, instant funding, clearing and settlement, and communication solutions; and proprietary payment channels that include Web-based, mobile application, text-to-pay, interactive voice response, and point of sale services. It serves customers primarily operating in the personal loans, automotive loans, receivables management, and business-to-business verticals through direct sales representatives and software integration partners. The company was founded in 2006 and is headquartered in Atlanta, Georgia.
Owning Repay Holdings Corp Stock on the Dividend Date
If you own Repay Holdings Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Repay Holdings 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 Repay Holdings Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Repay Holdings Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Repay Holdings Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Repay Holdings Corp Dividends
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