Robinhood Markets Inc Dividends
The next dividend date for Robinhood Markets 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 Robinhood Markets Inc (HOOD)
More About Robinhood Markets Inc
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, joint investing accounts, event contracts, and future contract services. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. The company also owns and operates a digital currency marketplace that allows companies and individuals from all around the world to buy and sell bitcoin, litecoin, ethereum, ripple, and bitcoin cash. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
Owning Robinhood Markets Inc Stock on the Dividend Date
If you own Robinhood Markets Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Robinhood Markets 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 Robinhood Markets Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Robinhood Markets Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Robinhood Markets Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Robinhood Markets 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 Robinhood Markets Inc stock price from the dividend is already baked into Robinhood Markets Inc option prices.
That means the prices of call options that overlap the Robinhood Markets 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 Robinhood Markets Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Robinhood Markets Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Robinhood Markets Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Robinhood Markets Inc Dividends
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