Lumentum Holdings Inc Dividends
The next dividend date for Lumentum Holdings 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 Lumentum Holdings Inc (LITE)
More About Lumentum Holdings Inc
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates through two segments, Cloud & Networking and Industrial Tech. The Cloud & Networking segment offers optical and photonic chips, components, modules, and subsystems supplied to cloud data center operators, AI/ML infrastructure providers, and network equipment manufacturer customers that are building cloud data centers and network infrastructures. Its Industrial Tech segment provides short-pulse solid-state lasers, kilowatt-class fiber lasers, diode lasers, and gas lasers that serves the semiconductor device, solar cell, display, and electric vehicle and battery manufacturing markets. The company was incorporated in 2015 and is headquartered in San Jose, California.
Owning Lumentum Holdings Inc Stock on the Dividend Date
If you own Lumentum Holdings Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Lumentum Holdings 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 Lumentum Holdings Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Lumentum Holdings Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Lumentum Holdings Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Lumentum Holdings Inc Dividends
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