Cactus Inc Dividends
The next dividend date for Cactus 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 Cactus Inc (WHD)
More About Cactus Inc
Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally. It operates in two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand through its service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases. This segment also offers field services for its products and rental items to assist with the installation, maintenance, and handling of the equipment. The Spoolable Technologies segment designs, manufactures, and sells spoolable pipes and associated end fittings under the FlexSteel brand. Its products are primarily used in production, gathering, and takeaway pipelines to transport oil, gas, and other liquids. This segment also provides field services and rental items to assist with installation through service centers and pipe yards, as well as equipment and services. The company also offers repair and refurbishment services. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.
Owning Cactus Inc Stock on the Dividend Date
If you own Cactus Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cactus 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 Cactus Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cactus Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cactus Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cactus Inc Dividends
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