Vertex Dividends
The next dividend date for Vertex 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 Vertex (VERX)
More About Vertex
Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools; tax data management and document managementsolutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Owning Vertex Stock on the Dividend Date
If you own Vertex stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Vertex stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Vertex stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Vertex stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Vertex dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Vertex Dividends
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