DoorDash, Inc. Class A Common Stock Dividends
The next dividend date for DoorDash, Inc. Class A Common Stock 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 DoorDash, Inc. Class A Common Stock (DASH)
More About DoorDash, Inc. Class A Common Stock
DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers membership programs, including DashPass and Wolt+; and DoorDash Drive On-Demand and Wolt Drive, which are white-label delivery fulfillment services, as well as provides services that help merchants establish online ordering, build branded mobile apps, enable tableside order and pay, and enhance customer support. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was founded in 2013 and is headquartered in San Francisco, California.
Owning DoorDash, Inc. Class A Common Stock Stock on the Dividend Date
If you own DoorDash, Inc. Class A Common Stock stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of DoorDash, Inc. Class A Common Stock stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of DoorDash, Inc. Class A Common Stock stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying DoorDash, Inc. Class A Common Stock stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the DoorDash, Inc. Class A Common Stock dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning DoorDash, Inc. Class A Common Stock 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 DoorDash, Inc. Class A Common Stock stock price from the dividend is already baked into DoorDash, Inc. Class A Common Stock option prices.
That means the prices of call options that overlap the DoorDash, Inc. Class A Common Stock ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the DoorDash, Inc. Class A Common Stock ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of DoorDash, Inc. Class A Common Stock call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of DoorDash, Inc. Class A Common Stock put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More DoorDash, Inc. Class A Common Stock Dividends
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