Accenture plc Dividends
The next dividend date for Accenture plc 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 Accenture plc (ACN)
More About Accenture plc
Americans might not be as familiar with this company as Europeans, but it is definitely one to pay attention to. Accenture is a provider of IT consulting services with a global presence. The multinational is the largest employer in the world and works across almost all industries within the technology sector.
Owning Accenture plc Stock on the Dividend Date
If you own Accenture plc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Accenture plc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Accenture plc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Accenture plc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Accenture plc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Accenture plc 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 Accenture plc stock price from the dividend is already baked into Accenture plc option prices.
That means the prices of call options that overlap the Accenture plc ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Accenture plc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Accenture plc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Accenture plc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Accenture plc Dividends
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