Intuit Inc Dividends
The next dividend date for Intuit 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 Intuit Inc (INTU)
More About Intuit Inc
Intuit Inc. provides financial management, compliance, and marketing products and services in the United States. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business & Self-Employed segment provides QuickBooks services, that includes financial and business management online services, desktop software, payroll solutions, time tracking, merchant payment processing and bill pay solutions, checking accounts, and financing services for small and mid-market businesses; and Mailchimp, a marketing automation and customer relationship management. This segment also offers QuickBooks online services and desktop software solutions comprising QuickBooks Online, QuickBooks Live, QuickBooks Online Advanced, QuickBooks Self-Employed, QuickBooks Solopreneur financial and business management offerings, QuickBooks Online Payroll QuickBooks Checking, QuickBooks Desktop software subscriptions, QuickBooks Basic Payroll, QuickBooks Assisted Payroll, and QuickBooks Enhanced Payroll. The Consumer segment provides do-it-yourself and assisted TurboTax income tax preparation products and services. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of credit card, home, auto, and personal loan, and insurance product; online savings and checking accounts; and access to its credit scores and reports, credit and identity monitoring, credit report dispute, credit building tools, and tools. The ProTax segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online bill pay tax products, electronic tax filing service, and bank products and related services. It sells products and services through direct sales channels, multi-channel shop-and-buy experiences, mobile application stores, and partner and other channels. The company was incorporated in 1984 and is headquartered in Mountain View, California.
Owning Intuit Inc Stock on the Dividend Date
If you own Intuit Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Intuit 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 Intuit Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Intuit Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Intuit Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Intuit 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 Intuit Inc stock price from the dividend is already baked into Intuit Inc option prices.
That means the prices of call options that overlap the Intuit 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 Intuit Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Intuit Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Intuit Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Intuit Inc Dividends
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