Academy Sports Outdoors Inc Dividends
The next dividend date for Academy Sports Outdoors 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 Academy Sports Outdoors Inc (ASO)
More About Academy Sports Outdoors Inc
Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company's outdoors division comprises camping products, such as coolers and drinkware, and camping accessories and equipment; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment. Its sports and recreation division offers fitness equipment, fitness accessories, and nutrition supplies; team and specialty sports equipment, including baseball, football, basketball, soccer, golf, racket sports, volleyball, backpacks, and sports bags; recreation products, which includes patio furniture, outdoor cooking, trampolines, play sets, watersports, and pet equipment, as well as wheeled goods that include bicycles, skateboards, and other ride-on toys; and electronics, watches, and sunglasses, as well as front-end products, such as consumables, batteries, etc. The company's apparel division provides outdoor and seasonal apparel, denim, work apparel, graphic t-shirts, and accessories; boys and girls outdoor, and athletic apparel; sporting and fitness apparel; and professional and collegiate team licensed apparel and accessories. Its footwear division offers casual shoes, slippers, seasonal footwear, and socks; work and western boots, shoes, and hunting footwear; boys and girls footwear; athletic footwear, such as running shoes, athletic lifestyle, and training shoes; and team and specialty sports footwear, and slides. The company sells its products under the Academy Sports + Outdoors, Magellan Outdoors, BCG, O'rageous, Game Winner, Outdoor Gourmet, Freely, and R.O.W. brand names. Academy Sports and Outdoors, Inc. was founded in 1938 and is headquartered in Katy, Texas.
Owning Academy Sports Outdoors Inc Stock on the Dividend Date
If you own Academy Sports Outdoors Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Academy Sports Outdoors 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 Academy Sports Outdoors Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Academy Sports Outdoors Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Academy Sports Outdoors Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Academy Sports Outdoors 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 Academy Sports Outdoors Inc stock price from the dividend is already baked into Academy Sports Outdoors Inc option prices.
That means the prices of call options that overlap the Academy Sports Outdoors 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 Academy Sports Outdoors Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Academy Sports Outdoors Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Academy Sports Outdoors Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Academy Sports Outdoors Inc Dividends
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