Sylvamo Corp Dividends
The next dividend date for Sylvamo 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 Sylvamo Corp (SLVM)
More About Sylvamo Corp
Sylvamo Corporation produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America. The company offers copy, tinted, and colored laser printing paper under REY Adagio and Pro-Design brands; and graphic and high-speed inkjet printing papers under the brand Jetstar; and produces paper used for office printing, business forms, digital printing, offset for printing books, and others, as well as products under the Multicopy brand names. It also supplies uncoated freesheet paper under Chamex, Chamequinho and Chambril brands. In addition, the company provides imaging, commercial printing, and converting papers; copy paper for use in copiers, desktop and laser printers and digital imaging; and uncoated papers under Hammermill, Springhill, Williamsburg, Accent, DRM and Postmark brand names. Further, it operates integrated mills and non-integrated mills. It distributes its products to end users and converters through including retail, merchants, e-commerce, agents, resellers, and paper distributors. The company was founded in 1898 and is based in Memphis, Tennessee.
Owning Sylvamo Corp Stock on the Dividend Date
If you own Sylvamo Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Sylvamo 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 Sylvamo Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Sylvamo Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Sylvamo Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Sylvamo Corp Dividends
You can contact us any time if you would like to ask questions about Sylvamo Corp dividends or anything else related to the stock market.