New Oriental Education & Technology Dividends
The next dividend date for New Oriental Education & Technology 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 New Oriental Education & Technology (EDU)
More About New Oriental Education & Technology
New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. The company also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, it offers online education services through the Koolearn.com platform. Further, the company develops and edits educational materials for language training and test preparation. In addition, it offers educational programs, services, and products to students through schools; learning centers; and bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.
Owning New Oriental Education & Technology Stock on the Dividend Date
If you own New Oriental Education & Technology stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of New Oriental Education & Technology stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of New Oriental Education & Technology stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying New Oriental Education & Technology stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the New Oriental Education & Technology dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning New Oriental Education & Technology 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 New Oriental Education & Technology stock price from the dividend is already baked into New Oriental Education & Technology option prices.
That means the prices of call options that overlap the New Oriental Education & Technology ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the New Oriental Education & Technology ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of New Oriental Education & Technology call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of New Oriental Education & Technology put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More New Oriental Education & Technology Dividends
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