Clover Health Investments Corp Dividends
The next dividend date for Clover Health Investments 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 Clover Health Investments Corp (CLOV)
More About Clover Health Investments Corp
Clover Health Investments, Corp. provides medicare advantage plans in the United States. The company offers preferred provider organization and health maintenance organization plans to medicare-eligible individuals. It operates Clover Assistant, a software platform to execute strategy by enabling physicians to detect, identify, and manage chronic diseases earlier than they otherwise could. The company is based in Wilmington, Delaware.
Owning Clover Health Investments Corp Stock on the Dividend Date
If you own Clover Health Investments Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Clover Health Investments 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 Clover Health Investments Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Clover Health Investments Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Clover Health Investments Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Clover Health Investments 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 Clover Health Investments Corp stock price from the dividend is already baked into Clover Health Investments Corp option prices.
That means the prices of call options that overlap the Clover Health Investments 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 Clover Health Investments Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Clover Health Investments Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Clover Health Investments Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Clover Health Investments Corp Dividends
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