Las Vegas Sands Corp Dividends
The next dividend date for Las Vegas Sands 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 Las Vegas Sands Corp (LVS)
More About Las Vegas Sands Corp
Las Vegas Sands Corp., together with its subsidiaries, owns, develops, and operates integrated resorts in Macao and Singapore. The company owns and operates The Venetian Macao Resort Hotel, The Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, and The Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. Its integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. The company was founded in 1988 and is based in Las Vegas, Nevada.
Owning Las Vegas Sands Corp Stock on the Dividend Date
If you own Las Vegas Sands Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Las Vegas Sands 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 Las Vegas Sands Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Las Vegas Sands Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Las Vegas Sands Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Las Vegas Sands 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 Las Vegas Sands Corp stock price from the dividend is already baked into Las Vegas Sands Corp option prices.
That means the prices of call options that overlap the Las Vegas Sands 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 Las Vegas Sands Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Las Vegas Sands Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Las Vegas Sands Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Las Vegas Sands Corp Dividends
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