Green Dot Corporation Dividends
The next dividend date for Green Dot Corporation 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 Green Dot Corporation (GDOT)
More About Green Dot Corporation
Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs. It offers money processing services, such as cash transfer services that enable consumers to deposit or pick up cash and pay bills with cash at the point-of-sale at any participating retailer; and disbursement services, which enable wages and authorized funds disbursement to its deposit account programs and accounts issued by any third-party bank or program manager. In addition, the company offers tax processing services consisting of tax refund transfers, which provide the processing technology to facilitate receipt of a taxpayers' refund proceeds; small business lending to independent tax preparation providers that seek small advances; and fast cash advance, a loan that enables tax refund recipients. Green Dot Corporation was incorporated in 1999 and is headquartered in Provo, Utah.
Owning Green Dot Corporation Stock on the Dividend Date
If you own Green Dot Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Green Dot Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Green Dot Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Green Dot Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Green Dot Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Green Dot Corporation Dividends
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