Dick’s Sporting Goods Inc Dividends
The next dividend date for Dick’s Sporting Goods 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 Dick’s Sporting Goods Inc (DKS)
More About Dick’s Sporting Goods Inc
DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; and apparel. It also offers footwear and accessories, such as athletic shoes for running, walking, tennis, fitness and cross training, basketball, and hiking; and specialty footwear comprising casual footwear and a complete line of cleats for team sports. In addition, the company owns and operates Sporting Goods, Golf Galaxy, Public Lands, Moosejaw, and Going Going Gone! specialty concept stores; and DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for live streaming, scheduling, communications, and scorekeeping. It offers its products online, as well as through its mobile apps. The company was formerly known as Dick'S Clothing and Sporting Goods, Inc. and changed its name to DICK'S Sporting Goods, Inc. in April 1999. DICK'S Sporting Goods, Inc. was incorporated in 1948 and is based in Coraopolis, Pennsylvania.
Owning Dick’s Sporting Goods Inc Stock on the Dividend Date
If you own Dick’s Sporting Goods Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Dick’s Sporting Goods 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 Dick’s Sporting Goods Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Dick’s Sporting Goods Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Dick’s Sporting Goods Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Dick’s Sporting Goods 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 Dick’s Sporting Goods Inc stock price from the dividend is already baked into Dick’s Sporting Goods Inc option prices.
That means the prices of call options that overlap the Dick’s Sporting Goods 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 Dick’s Sporting Goods Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Dick’s Sporting Goods Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Dick’s Sporting Goods Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Dick’s Sporting Goods Inc Dividends
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