Tractor Supply Company Dividends
The next dividend date for Tractor Supply Company 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 Tractor Supply Company (TSCO)
More About Tractor Supply Company
Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; companion animal products, such as food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise. It provides its products under the 4health, Paws & Claws, American Farmworks, Producer's Pride, Bit & Bridle, Red Shed, Blue Mountain, Redstone, C.E. Schmidt, Retriever, Country Lane, Ridgecut, Countyline, Royal Wing, Country Tuff, Strive, Dumor, Traveller, Farm Table, Treeline, Groundwork, TSC Tractor Supply Co, Huskee, Untamed, JobSmart, and Impeckable brand names. The company operates its retail stores under the Tractor Supply Company, Petsense by Tractor Supply, and Orscheln Farm and Home names; and operates websites under the TractorSupply.com and Petsense.com names. It sells its products to recreational farmers, ranchers, and others. Tractor Supply Company was founded in 1938 and is based in Brentwood, Tennessee.
Owning Tractor Supply Company Stock on the Dividend Date
If you own Tractor Supply Company stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Tractor Supply Company stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Tractor Supply Company stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Tractor Supply Company stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Tractor Supply Company dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Tractor Supply Company Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Tractor Supply Company stock price from the dividend is already baked into Tractor Supply Company option prices.
That means the prices of call options that overlap the Tractor Supply Company ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Tractor Supply Company ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Tractor Supply Company call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Tractor Supply Company put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Tractor Supply Company Dividends
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