United States Cellular Corporation Dividends
The next dividend date for United States Cellular 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 United States Cellular Corporation (USM)
More About United States Cellular Corporation
United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as wireless essentials, including cases, screen protectors, chargers, and memory cards; and consumer electronics comprising Bluetooth audio, wi-fi enabled cameras, and networking products. In addition, it sells wireless devices to agents and other third-party distributors for resale; and offers option for customers to purchase devices and accessories under installment contracts. Further, the company offers wireless roaming, wireless eligible telecommunications carrier, and tower rental services. It serves consumer, business, and government customers. The company provides its products and services through retail sales, direct sales, telesales, ecommerce, resellers, and independent agents, as well as third-party national retailers. United States Cellular Corporation was incorporated in 1983 and is headquartered in Chicago, Illinois. United States Cellular Corporation is a subsidiary of Telephone and Data Systems, Inc.
Owning United States Cellular Corporation Stock on the Dividend Date
If you own United States Cellular Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of United States Cellular 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 United States Cellular Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying United States Cellular Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the United States Cellular Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More United States Cellular Corporation Dividends
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