Intuitive Surgical Inc Dividends
The next dividend date for Intuitive Surgical 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 Intuitive Surgical Inc (ISRG)
More About Intuitive Surgical Inc
Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System that enables surgical procedures using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic endoluminal procedures enabling minimally invasive biopsies in the lung. It also provides a suite of stapling, energy, and core instrumentation for its multi-port da Vinci surgical systems; progressive learning pathways to support the use of its technology; infrastructure of service and support specialists, a complement of services to its customers, including installation, repair, maintenance, 24/7 technical support, and proactive system health monitoring; and integrated digital capabilities providing connected offerings, streamlining performance for hospitals with program-enhancing insights. The company sells its products through direct sales organizations, such as capital and clinical sales teams. Intuitive Surgical, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.
Owning Intuitive Surgical Inc Stock on the Dividend Date
If you own Intuitive Surgical Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Intuitive Surgical 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 Intuitive Surgical Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Intuitive Surgical Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Intuitive Surgical Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Intuitive Surgical 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 Intuitive Surgical Inc stock price from the dividend is already baked into Intuitive Surgical Inc option prices.
That means the prices of call options that overlap the Intuitive Surgical 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 Intuitive Surgical Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Intuitive Surgical Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Intuitive Surgical Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Intuitive Surgical Inc Dividends
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