Fiserv, Inc. Dividends
The next dividend date for Fiserv, 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 Fiserv, Inc. (FI)
More About Fiserv, Inc.
Fiserv, Inc. provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through the Merchant Solutions and Financial Solutions segments. The company provides merchant acquiring and digital commerce services, mobile payment services, security and fraud protection solutions, stored-value solutions, software-as-a-service, and pay-by-bank solutions, as well as Clover, a point-of-sale and business management platform through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, independent sales organizations, financial institutions, and other strategic partners. It also offers debit card processing services, debit network services, security and fraud protection products, bill payment; person-to-person payments, account-to-account transfers, credit card processing services, prepaid card processing services, card production services, print services, government payment processing, student loan processing, and customer loan and deposit account processing; digital banking; financial and risk management; and professional services and consulting, check processing, automated clearing house, and real-time payments. It serves large enterprise, small business, banks, credit union, large financial institution, fintech, public sectors, and software providers. Fiserv, Inc. was incorporated in 1984 and is headquartered in Milwaukee, Wisconsin.
Owning Fiserv, Inc. Stock on the Dividend Date
If you own Fiserv, Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Fiserv, 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 Fiserv, Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Fiserv, Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Fiserv, Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Fiserv, 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 Fiserv, Inc. stock price from the dividend is already baked into Fiserv, Inc. option prices.
That means the prices of call options that overlap the Fiserv, 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 Fiserv, Inc. ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Fiserv, Inc. call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Fiserv, Inc. put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Fiserv, Inc. Dividends
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