Strattec Security Corporation Dividends
The next dividend date for Strattec Security Corporation 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 Strattec Security Corporation (STRT)
More About Strattec Security Corporation
Strattec Security Corporation designs, develops, manufactures, and markets automotive security, access control, and user interface controls products and solutions under the VAST Automotive Group brand primarily in North America. The company provides mechanical and electronically enhanced locks and keys, passive entry passive start systems, phone as a key systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, steering wheel switches and controller, E-shifters, paddle switches, and related products. It also offers full service and aftermarket support services for its products. The company markets its products to automotive and light truck original equipment manufacturers, as well as other transportation-related manufacturers; and through wholesale distributors, other marketers, and users of component parts, as well as certain products to non-automotive commercial customers. It also exports its products to Europe, Asia, and South America. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin.
Owning Strattec Security Corporation Stock on the Dividend Date
If you own Strattec Security Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Strattec Security Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Strattec Security Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Strattec Security Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Strattec Security Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Strattec Security Corporation Dividends
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