QXO, Inc.
QXOQXO, Inc. is a technology company that develops and provides innovative solutions, focusing on digital infrastructure and tools to enhance connectivity and data management. The company aims to leverage emerging technologies to deliver scalable products and services tailored to various industries.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 12, 2024 | $3.27 | 2024-06-05 | 2024-06-05 |
Dividends Summary
- Consistent Payer: QXO, Inc. has rewarded shareholders with 1 dividend payments over the past 0 years.
- Total Returned Value: Investors who held QXO shares during this period received a total of $3.27 per share in dividend income.
- Latest Payout: The most recent dividend of $3.27/share was paid 590 days ago, on June 12, 2024.
Company News
QXO, Inc. announced a public stock offering of 31.6 million shares at $23.80 each, representing a 6.7% discount to the previous closing price of $25.52. The stock fell 6.31% in premarket trading to $23.44 as investors reacted to dilution concerns. The building products distributor plans to use proceeds for general corporate purposes and acquisiti...
U.S. stock futures rose on Friday following Thursday's positive close, with chip stocks leading gains after Taiwan Semiconductor Manufacturing Co. posted record quarterly results. Financial stocks also rallied with Goldman Sachs and Morgan Stanley posting strong earnings. Key movers included Chevron expanding gas production, Paysafe forming a str...
QXO stock hit a 52-week high after announcing a $1.2 billion investment from Apollo Global. The investment must be used for acquisitions by July 15, 2026, sparking speculation that QXO is in advanced talks for major deals. QXO, founded by Brad Jacobs, aims to consolidate the fragmented $800 billion building products distribution industry followin...
QXO stock surged 19.40% following an announcement that Apollo Global Management is leading a $1.2 billion investment in the company through convertible preferred shares. The investment, which carries a 4.75% annual dividend, must be used to fund qualifying acquisitions by July 15, 2026. This capital infusion supports QXO's strategy to become the ...
Jim Cramer discusses his views on several stocks, including QXO, Gentex, Energy Transfer, and The Trade Desk. He believes QXO can go higher and Gentex is a good company that has fallen too low. Cramer prefers ONEOK over Energy Transfer and regrets not telling investors to buy The Trade Desk after a tough quarter.
