Coherent Inc Dividends
The next dividend date for Coherent 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 Coherent Inc (COHR)
More About Coherent Inc
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers transceivers, systems, subsystems, modules, components, optics, and semiconductor devices for datacenter and communications applications. The Materials segment provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products; and vertical-cavity surface-emitting laser, edge-emitting laser, pump lasers, high-power lasers for materials processing, and integrated circuit. The Laser segment offers excimer lasers, solid-state lasers, CO2 lasers, and laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems. It markets its products and services through direct sales force, representatives, and distributors. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.
Owning Coherent Inc Stock on the Dividend Date
If you own Coherent Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Coherent 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 Coherent Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Coherent Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Coherent Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Coherent 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 Coherent Inc stock price from the dividend is already baked into Coherent Inc option prices.
That means the prices of call options that overlap the Coherent 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 Coherent Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Coherent Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Coherent Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Coherent Inc Dividends
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