BlackBerry Ltd Dividends
The next dividend date for BlackBerry Ltd 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 BlackBerry Ltd (BB)
More About BlackBerry Ltd
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Secure Communications, QNX, and Licensing. The company offers BlackBerry Dynamics, a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice, and video; BlackBerry SecuSUITE, a multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. It also provides BlackBerry Certicom, a patented elliptic curve cryptography, which provides device security, anti-counterfeiting, and product authentication solutions; BlackBerry Radar offers monitoring and telematics solutions for transportation and logistics; and BlackBerry IVY, a vehicle data platform that allows automakers to access vehicle's sensor data and apply machine learning at the edge to generate and share predictive insights and inferences. In addition, the company offers enterprise consulting and engineering consulting services. It is also involved in the patent licensing. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.
Owning BlackBerry Ltd Stock on the Dividend Date
If you own BlackBerry Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of BlackBerry Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of BlackBerry Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying BlackBerry Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the BlackBerry Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning BlackBerry Ltd 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 BlackBerry Ltd stock price from the dividend is already baked into BlackBerry Ltd option prices.
That means the prices of call options that overlap the BlackBerry Ltd ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the BlackBerry Ltd ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of BlackBerry Ltd call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of BlackBerry Ltd put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More BlackBerry Ltd Dividends
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