Huntington Bancshares Incorporated Dividends
The next dividend date for Huntington Bancshares Incorporated 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 Huntington Bancshares Incorporated (HBAN)
More About Huntington Bancshares Incorporated
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. It also provides 24-Hour Grace, Asterisk-Free Checking, Money Scout, $50 Safety Zone, Standby Cash, Early Pay, Instant Access, Savings Goal Getter, And Huntington Heads Up; digitally powered consumer and business financial solutions to consumer lending, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans, as well as dealer finance loans and deposits; and private banking, wealth management and legacy planning through investment and portfolio management, fiduciary administration and trust, institutional custody, and full-service retail brokerage investment services. The company offers equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions, as well as Huntington ChoicePay. In addition, it offers lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, and global services; and corporate risk management, institutional sales and trading, debt and equity issuance, and additional advisory services. The company offers its products through a network of channels, including branches and ATMs, online and mobile banking, and through customer call centers to customers in middle market banking, corporate, specialty, and government banking, asset finance, commercial real estate banking, and capital markets. The company was founded in 1866 and is headquartered in Columbus, Ohio.
Owning Huntington Bancshares Incorporated Stock on the Dividend Date
If you own Huntington Bancshares Incorporated stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Huntington Bancshares Incorporated stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Huntington Bancshares Incorporated stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Huntington Bancshares Incorporated stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Huntington Bancshares Incorporated dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Huntington Bancshares Incorporated 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 Huntington Bancshares Incorporated stock price from the dividend is already baked into Huntington Bancshares Incorporated option prices.
That means the prices of call options that overlap the Huntington Bancshares Incorporated ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Huntington Bancshares Incorporated ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Huntington Bancshares Incorporated call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Huntington Bancshares Incorporated put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Huntington Bancshares Incorporated Dividends
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