Manchester United Ltd Dividends
The next dividend date for Manchester United Ltd 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 Manchester United Ltd (MANU)
More About Manchester United Ltd
Manchester United plc, together with its subsidiaries, operates a professional sports team in the United Kingdom. The company is involved in marketing and sponsorship relationships with international and regional companies to commercialize its brand. It also markets and sells sports apparel, training and leisure wear, and other clothing; and other licensed products, such as coffee mugs and bed spreads featuring the Manchester United brand and trademarks. The company distributes these products through Manchester United branded retail centers and e-commerce platforms, and through partners' wholesale distribution channels. In addition, it distributes live football content directly, as well as through commercial partners; television rights relating to the Premier League, Union of European Football Associations club competitions, and other competitions; delivers Manchester United programming through MUTV television channel to territories worldwide; and offers MUTV D2C, a subscription mobile application. Further, it operates Old Trafford, a sports venue, as well as owns or leases, and invests in properties. The company was formerly known as Manchester United Ltd. changed its name to Manchester United plc in August 2012. Manchester United plc was founded in 1878 and is headquartered in Manchester, the United Kingdom.
Owning Manchester United Ltd Stock on the Dividend Date
If you own Manchester United Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Manchester United Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Manchester United Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Manchester United Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Manchester United Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Manchester United Ltd 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 Manchester United Ltd stock price from the dividend is already baked into Manchester United Ltd option prices.
That means the prices of call options that overlap the Manchester United Ltd ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Manchester United Ltd ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Manchester United Ltd call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Manchester United Ltd put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Manchester United Ltd Dividends
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