Live Oak Bancshares, Inc. Dividends
The next dividend date for Live Oak Bancshares, 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 Live Oak Bancshares, Inc. (LOB)
More About Live Oak Bancshares, Inc.
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments: Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also provides commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company offers settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.
Owning Live Oak Bancshares, Inc. Stock on the Dividend Date
If you own Live Oak Bancshares, Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Live Oak Bancshares, 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 Live Oak Bancshares, Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Live Oak Bancshares, Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Live Oak Bancshares, Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Live Oak Bancshares, Inc. Dividends
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