GameStop Corp Dividends
The next dividend date for GameStop 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 GameStop Corp (GME)
More About GameStop Corp
GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and e-commerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, and gaming headsets; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It sells collectibles comprising apparel, toys, trading cards, gadgets, and other retail products for pop culture and technology enthusiasts. The company operates stores and e-commerce sites under the GameStop, EB Games, and Micromania brands; and pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.
Owning GameStop Corp Stock on the Dividend Date
If you own GameStop Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of GameStop 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 GameStop Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying GameStop Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the GameStop Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning GameStop Corp 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 GameStop Corp stock price from the dividend is already baked into GameStop Corp option prices.
That means the prices of call options that overlap the GameStop Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the GameStop Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of GameStop Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of GameStop Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More GameStop Corp Dividends
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