SPX Corp Dividends

The next dividend date for SPX 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 SPX Corp (SPXC)

06/12/201505/28/201506/16/201507/01/2015$0.09
03/12/201502/27/201503/16/201504/01/2015$0.09
12/11/201411/20/201412/15/201401/05/2015$0.09
09/11/201408/21/201409/15/201410/02/2014$0.09
06/12/201405/28/201406/16/201407/02/2014$0.09
03/12/201402/27/201403/14/201404/02/2014$0.09
12/10/201311/20/201312/12/201301/03/2014$0.06
09/12/201308/22/201309/16/201310/02/2013$0.06
06/12/201305/28/201306/14/201307/02/2013$0.06
03/12/201302/21/201303/14/201304/02/2013$0.06
...

More About SPX Corp

Country
USA
Full Time Employees
4,700

SPX Technologies, Inc. engages in the supply of engineered solutions serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, Canada, China, the United Kingdom, and internationally. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement and handling solutions for the industrial, institutional, and commercial HVAC markets, as well as hydronic and electrical heating and ventilation products for the residential, industrial, institutional, and commercial markets. It offers cooling products and engineered air movement and handling solutions under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Air Enterprises, and Rahn Industries brand names; hydronics and electrical heating and ventilation products under the under the Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Sigma, Omega, Skypeak, Thermolec, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies under the TCI, ECS, and KTS brands; and aids to navigation products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through consumers, independent manufacturing representatives, third-party distributors, and retailers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. is headquartered in Charlotte, North Carolina.

Owning SPX Corp Stock on the Dividend Date

If you own SPX Corp stock on the ex-dividend date, then you earn the associated dividend.

Theoretically, the price of SPX 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 SPX Corp stock).

Therefore, it is typically not expected that there is any incremental profit to be gained from buying SPX Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the SPX Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.

Learning More SPX Corp Dividends

You can contact us any time if you would like to ask questions about SPX Corp dividends or anything else related to the stock market.