Align Technology Inc Dividends
The next dividend date for Align Technology 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 Align Technology Inc (ALGN)
More About Align Technology Inc
Align Technology, Inc. designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally. The Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package to treat adults and teens from mild to severe malocclusion and features, and orthodontic needs of teenage or younger patients; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of six and ten years with a mixture of primary/baby and permanent teeth. This segment also provides Invisalign express, Invisalign lite, and Invisalign moderate; as well as Invisalign Go, Invisalign Go express, and Invisalign Go Plus; retention products, Invisalign training, adjusting tools used by dental professionals during treatment, ancillary Invisalign accessory products, and other oral health products; Invisalign Professional Whitening system; Invisalign Palatal Expander, a 3D printed orthodontic device; and 3D printing solutions. The Imaging Systems and CAD/CAM Services segment offers iTero intraoral scanning system, a single hardware platform for restorative or orthodontic procedures; exocad, a computer-aided design and computer-aided manufacturing (CAD/CAM) software; orthodontist software for digital records storage, orthodontic diagnosis, and fabrication of printed models and retainers; and restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons. This segment also provides Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; Align Oral Health Suite, a digital interface for dental consultations; iTero TimeLapse technology for doctors or practitioners to compare a patient's historic 3D scans to the present-day scan; and subscription software, disposables, rents scanners, and pay per scan services. The company was incorporated in 1997
Owning Align Technology Inc Stock on the Dividend Date
If you own Align Technology Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Align Technology 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 Align Technology Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Align Technology Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Align Technology Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Align Technology 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 Align Technology Inc stock price from the dividend is already baked into Align Technology Inc option prices.
That means the prices of call options that overlap the Align Technology 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 Align Technology Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Align Technology Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Align Technology Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Align Technology Inc Dividends
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