Shoals Technologies Group Inc Dividends
The next dividend date for Shoals Technologies Group 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 Shoals Technologies Group Inc (SHLS)
More About Shoals Technologies Group Inc
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions which reduces feeder sizes or disconnect systems for maintenance and shutdowns; wireless performance monitoring, a real-time performance monitoring solutions; and battery energy storage solutions (BESS), an EBOS solutions for solar and storage, and standalone energy storage projects. It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
Owning Shoals Technologies Group Inc Stock on the Dividend Date
If you own Shoals Technologies Group Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Shoals Technologies Group 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 Shoals Technologies Group Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Shoals Technologies Group Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Shoals Technologies Group Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Shoals Technologies Group Inc Dividends
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