Futu Holdings Ltd Dividends
The next dividend date for Futu Holdings Ltd 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 Futu Holdings Ltd (FUTU)
More About Futu Holdings Ltd
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. The company offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. It also provides financial information and online community services; online wealth management services under the Money Plus brand name through its Futubull and moomoo platforms, which provides its client access to mutual funds, private funds, bonds, structured products, and other wealth management products; market data and information services; and NiuNiu Community, an open forum for users and clients to share insights, ask questions, and exchange ideas. Futu Holdings Limited was founded in 2007 and is headquartered in Admiralty, Hong Kong.
Owning Futu Holdings Ltd Stock on the Dividend Date
If you own Futu Holdings Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Futu Holdings Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Futu Holdings Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Futu Holdings Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Futu Holdings Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Futu Holdings Ltd 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 Futu Holdings Ltd stock price from the dividend is already baked into Futu Holdings Ltd option prices.
That means the prices of call options that overlap the Futu Holdings Ltd ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Futu Holdings Ltd ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Futu Holdings Ltd call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Futu Holdings Ltd put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Futu Holdings Ltd Dividends
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