Aurora Cannabis Inc Dividends
The next dividend date for Aurora Cannabis 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 Aurora Cannabis Inc (ACB)
More About Aurora Cannabis Inc
Aurora Cannabis Inc., together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers pharmaceutical-grade cannabis products; medical and consumer cannabis products; and engages in the propagation of vegetables and floral plants. It also provides dried and fresh cannabis, cannabis oils, trims, concentrates, ingestibles, capsules, vaporizers, edible cannabis, cannabis extracts, and cannabis topicals; and patient counseling and outreach services. Its brand portfolio includes San Rafael '71, Greybeard, Drift, Daily Special, Being, CanniMed, MedReleaf, Aurora, and WMMC, as well as international brands include Pedanios, Bidiol, IndiMed, and CraftPlant. The company was founded in 2013 and is headquartered in Edmonton, Canada.
Owning Aurora Cannabis Inc Stock on the Dividend Date
If you own Aurora Cannabis Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Aurora Cannabis 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 Aurora Cannabis Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Aurora Cannabis Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Aurora Cannabis Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Aurora Cannabis Inc Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Aurora Cannabis Inc stock price from the dividend is already baked into Aurora Cannabis Inc option prices.
That means the prices of call options that overlap the Aurora Cannabis Inc ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Aurora Cannabis Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Aurora Cannabis Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Aurora Cannabis Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Aurora Cannabis Inc Dividends
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