Enact Holdings Inc Dividends
The next dividend date for Enact Holdings 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 Enact Holdings Inc (ACT)
More About Enact Holdings Inc
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company engages in writing and assuming residential mortgage guaranty insurance. It also offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; contract underwriting services for mortgage lenders; and mortgage-related reinsurance products. The company primarily serves originators of residential mortgage loans. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings Inc.
Owning Enact Holdings Inc Stock on the Dividend Date
If you own Enact Holdings Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Enact Holdings 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 Enact Holdings Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Enact Holdings Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Enact Holdings Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Enact Holdings Inc Dividends
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