Valvoline Inc Dividends
The next dividend date for Valvoline Inc 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 Valvoline Inc (VVV)
More About Valvoline Inc
Valvoline Inc. engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks. It offers its services for passenger cars, hybrid and battery electric vehicles, and light and medium duty vehicles. The company was founded in 1866 and is headquartered in Lexington, Kentucky.
Owning Valvoline Inc Stock on the Dividend Date
If you own Valvoline Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Valvoline Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Valvoline Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Valvoline Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Valvoline Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Valvoline Inc Dividends
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