Dropbox Inc Dividends
The next dividend date for Dropbox 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 Dropbox Inc (DBX)
More About Dropbox Inc
Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in the professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Owning Dropbox Inc Stock on the Dividend Date
If you own Dropbox Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Dropbox 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 Dropbox Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Dropbox Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Dropbox Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Dropbox 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 Dropbox Inc stock price from the dividend is already baked into Dropbox Inc option prices.
That means the prices of call options that overlap the Dropbox 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 Dropbox Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Dropbox Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Dropbox Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Dropbox Inc Dividends
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