Fortinet Inc Dividends
The next dividend date for Fortinet 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 Fortinet Inc (FTNT)
More About Fortinet Inc
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network (LAN) solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless LAN access points, and FortiExtender 5G connectivity gateways. It also provides the Fortinet Unified Secure Access Service Edge (SASE) solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. In addition the company offers artificial intelligence-driven security operation solutions, which provides a suite of cybersecurity solutions that identify, protect, detect, respond, and recover from threats, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon that helps organizations ensuring attackers face multiple layers of detection and mitigation across endpoints, networks, and applications. Further, it offers FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training and certification programs, as well as operates FortiGuard Lab, a cybersecurity threat intelligence and research organization. The company serves large enterprises, communication service providers, government organizations, and small to medium-sized enterprises. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Owning Fortinet Inc Stock on the Dividend Date
If you own Fortinet Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Fortinet 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 Fortinet Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Fortinet Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Fortinet Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Fortinet 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 Fortinet Inc stock price from the dividend is already baked into Fortinet Inc option prices.
That means the prices of call options that overlap the Fortinet 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 Fortinet Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Fortinet Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Fortinet Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Fortinet Inc Dividends
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