Kohl's Corporation Dividends
The next dividend date for Kohl's Corporation 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 Kohl's Corporation (KSS)
More About Kohl's Corporation
Kohl's Corporation operates as an omnichannel retailer in the United States. It offers apparel, footwear, accessories, beauty products, and home products through its stores and website. The company provides its products primarily under the brand names of Apt. 9, Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as LC Lauren Conrad, Nine West, and Simply Vera Vera Wang. Kohl's Corporation was founded in 1988 and is headquartered in Menomonee Falls, Wisconsin.
Owning Kohl's Corporation Stock on the Dividend Date
If you own Kohl's Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Kohl's Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Kohl's Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Kohl's Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Kohl's Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Kohl's Corporation 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 Kohl's Corporation stock price from the dividend is already baked into Kohl's Corporation option prices.
That means the prices of call options that overlap the Kohl's Corporation ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Kohl's Corporation ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Kohl's Corporation call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Kohl's Corporation put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Kohl's Corporation Dividends
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