Peabody Energy Corp Dividends
The next dividend date for Peabody Energy Corp 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 Peabody Energy Corp (BTU)
More About Peabody Energy Corp
Peabody Energy Corporation engages in coal mining business. It operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal, and Corporate and Other segments. The company is involved in the mining, preparation, and sale of thermal coal primarily to electric utilities; mining of bituminous and sub-bituminous coal deposits; utilization of surface and underground extraction processes to mine low-sulfur and high British thermal unit thermal coal; and mining metallurgical coal, such as hard coking coal, semi-hard coking coal, semi-soft coking coal, and pulverized coal injection coal. It also supplies coal primarily to electricity generators, industrial facilities, and steel manufacturers. In addition, the company engages in trading of coal and freight-related contracts, as well as provides transportation-related services. It operates in the United States, Japan, China, Australia, Taiwan, Indonesia, Brazil, Malaysia, Belgium, India, France, Vietnam, South Korea, Germany, and internationally. Peabody Energy Corporation was founded in 1883 and is headquartered in Saint Louis, Missouri.
Owning Peabody Energy Corp Stock on the Dividend Date
If you own Peabody Energy Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Peabody Energy Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Peabody Energy Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Peabody Energy Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Peabody Energy Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Peabody Energy Corp 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 Peabody Energy Corp stock price from the dividend is already baked into Peabody Energy Corp option prices.
That means the prices of call options that overlap the Peabody Energy Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Peabody Energy Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Peabody Energy Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Peabody Energy Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Peabody Energy Corp Dividends
You can contact us any time if you would like to ask questions about Peabody Energy Corp dividends or anything else related to the stock market.