Sterling Construction Company Inc Dividends
The next dividend date for Sterling Construction Company 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 Sterling Construction Company Inc (STRL)
More About Sterling Construction Company Inc
Sterling Infrastructure, Inc. engages in the provision of e-infrastructure, transportation, and building solutions in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors. The Transportation Solutions segment is involved in the development of infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems for the departments of transportation, regional transit, airport, port, water, and railroads authorities. The Building Solutions segment provides residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, other concrete work for developers and general contractors, as well as provides plumbing and surveys services for residential builds. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.
Owning Sterling Construction Company Inc Stock on the Dividend Date
If you own Sterling Construction Company Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Sterling Construction Company 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 Sterling Construction Company Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Sterling Construction Company Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Sterling Construction Company Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Sterling Construction Company Inc Dividends
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