Tower Semiconductor Ltd Dividends
The next dividend date for Tower Semiconductor Ltd 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 Tower Semiconductor Ltd (TSEM)
More About Tower Semiconductor Ltd
Tower Semiconductor Ltd., an independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe. The company provides customizable process technologies, including SiGe, SiPho, mixed signal CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, and integrated power management. It also offers a design enablement platform for a design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. The company serves various markets, such as consumer applications, personal computers, communications, handsets and smartphones, automotive, industrial, aerospace, and medical devices. Tower Semiconductor Ltd. was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.
Owning Tower Semiconductor Ltd Stock on the Dividend Date
If you own Tower Semiconductor Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Tower Semiconductor Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Tower Semiconductor Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Tower Semiconductor Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Tower Semiconductor Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Tower Semiconductor Ltd Dividends
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