Cognyte Software Ltd Dividends
The next dividend date for Cognyte Software 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 Cognyte Software Ltd (CGNT)
More About Cognyte Software Ltd
Cognyte Software Ltd., a software-led technology company, focuses on solutions for data processing and analytics worldwide. The company offers network intelligence analytics, threat intelligence analytics, decision intelligence analytics, and operational intelligence analytics solutions. It also offers software products, including subscription or perpetual licenses and appliances that include software that is essential to the product's functionality; software services, such as support and cloud-based SaaS subscriptions; and professional services and others comprising installation and integration services, customer specific development work, resale of third-party hardware, and consulting and training services. In addition, the company provides customer support, professional, and integration services. It serves governments agencies, including national, regional, and local government agencies. Cognyte Software Ltd. was incorporated in 2020 and is headquartered in Herzliya, Israel.
Owning Cognyte Software Ltd Stock on the Dividend Date
If you own Cognyte Software Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cognyte Software 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 Cognyte Software Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cognyte Software Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cognyte Software Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cognyte Software Ltd Dividends
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