Tutor Perini Corporation Dividends
The next dividend date for Tutor Perini 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 Tutor Perini Corporation (TPC)
More About Tutor Perini Corporation
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. It operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment engages in the public works construction and the replacement and reconstruction of infrastructure; and offers contracting services, including construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military defense facilities, and water management and wastewater treatment facilities, as well as provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. The Building segment offers range of services in various specialized building markets, such as hospitality and gaming, transportation, health care, commercial offices, government facilities, sports and entertainment, education, correctional and detention facilities, biotech, pharmaceutical, industrial, and technology. The Specialty Contractors segment provides electrical, mechanical, plumbing, and fire protection systems, as well as heating, ventilation, and air conditioning services (HVAC) for civil and building construction projects in industrial, commercial, hospitality and gaming, and mass-transit end markets. It also offers pre-construction planning and project management services comprising planning and scheduling of the manpower, equipment, materials, and subcontractor services; and self-performed construction services consisting of site work, concrete forming and placement, and steel erection. The company was formerly known as Perini Corporation and changed its name to Tutor Perini Corporation in May 2009. Tutor Perini Corporation was founded in 1894 and is headquartered in Sylmar, California.
Owning Tutor Perini Corporation Stock on the Dividend Date
If you own Tutor Perini Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Tutor Perini 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 Tutor Perini Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Tutor Perini Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Tutor Perini Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Tutor Perini Corporation Dividends
You can contact us any time if you would like to ask questions about Tutor Perini Corporation dividends or anything else related to the stock market.