XPO Logistics Inc Dividends
The next dividend date for XPO Logistics 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 XPO Logistics Inc (XPO)
More About XPO Logistics Inc
XPO, Inc., together with its subsidiaries, provides freight transportation services in the United States, North America, France, the United Kingdom, and rest of Europe. The company operates in two segments, North American Less-Than-Truckload (LTL) and European Transportation. The North American LTL segment provides shippers with geographic density and day-definite domestic and cross-border services to the U.S., Mexico, Canada, and the Caribbean. The European Transportation segment offers dedicated truckload, LTL, truck brokerage, managed transportation, last mile, freight forwarding, and warehousing and multimodal solutions, such as road-rail and road-short sea combinations to an extensive base of customers within the consumer, trade, and industrial markets. The company was formerly known as XPO Logistics, Inc. and changed its name to XPO, Inc. in December 2022. The company is based in Greenwich, Connecticut.
Owning XPO Logistics Inc Stock on the Dividend Date
If you own XPO Logistics Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of XPO Logistics 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 XPO Logistics Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying XPO Logistics Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the XPO Logistics Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More XPO Logistics Inc Dividends
You can contact us any time if you would like to ask questions about XPO Logistics Inc dividends or anything else related to the stock market.