JetBlue Airways Corp Dividends
The next dividend date for JetBlue Airways 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 JetBlue Airways Corp (JBLU)
More About JetBlue Airways Corp
JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, Latin America, the Caribbean, Canada, and Europe. In addition, it operates airport lounges. The company was incorporated in 1998 and is based in Long Island City, New York.
Owning JetBlue Airways Corp Stock on the Dividend Date
If you own JetBlue Airways Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of JetBlue Airways 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 JetBlue Airways Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying JetBlue Airways Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the JetBlue Airways Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning JetBlue Airways 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 JetBlue Airways Corp stock price from the dividend is already baked into JetBlue Airways Corp option prices.
That means the prices of call options that overlap the JetBlue Airways 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 JetBlue Airways Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of JetBlue Airways Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of JetBlue Airways Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More JetBlue Airways Corp Dividends
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