Caesars Entertainment Corporation Dividends
The next dividend date for Caesars Entertainment Corporation 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 Caesars Entertainment Corporation (CZR)
More About Caesars Entertainment Corporation
Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 32 jurisdictions in North America, and iGaming in five jurisdictions in North America; sports betting from retail and online sportsbooks; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. The company was founded in 1937 and is based in Reno, Nevada.
Owning Caesars Entertainment Corporation Stock on the Dividend Date
If you own Caesars Entertainment Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Caesars Entertainment Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Caesars Entertainment Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Caesars Entertainment Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Caesars Entertainment Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Caesars Entertainment Corporation 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 Caesars Entertainment Corporation stock price from the dividend is already baked into Caesars Entertainment Corporation option prices.
That means the prices of call options that overlap the Caesars Entertainment Corporation ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Caesars Entertainment Corporation ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Caesars Entertainment Corporation call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Caesars Entertainment Corporation put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Caesars Entertainment Corporation Dividends
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