Coty Inc Dividends
The next dividend date for Coty 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 Coty Inc (COTY)
More About Coty Inc
Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Infiniment Coty Paris, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co. brands. The company provides Consumer Beauty segment products primarily through hypermarkets, supermarkets, drug stores, pharmacies, mid-tier department stores, traditional food and drug retailers, and e-commerce retailers under the Adidas, Beckham, Bozzano, Bourjois, Bruno Banani, CoverGirl, Jovan, Max Factor, Mexx, Monange, Nautica, Paixao, LeGer by Lena Gercke, Rimmel, Risque, Vera Wang, and Sally Hansen brands. It also sells its products through third-party distributors. The company was founded in 1904 and is headquartered in New York, New York. Coty Inc. is a subsidiary of JAB Beauty B.V.
Owning Coty Inc Stock on the Dividend Date
If you own Coty Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Coty 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 Coty Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Coty Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Coty Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Coty 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 Coty Inc stock price from the dividend is already baked into Coty Inc option prices.
That means the prices of call options that overlap the Coty 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 Coty Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Coty Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Coty Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Coty Inc Dividends
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