Flywire Corp Dividends
The next dividend date for Flywire Corp 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 Flywire Corp (FLYW)
More About Flywire Corp
Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business sectors. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.
Owning Flywire Corp Stock on the Dividend Date
If you own Flywire Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Flywire Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Flywire Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Flywire Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Flywire Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Flywire Corp Dividends
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