MongoDB Dividends
The next dividend date for MongoDB 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 MongoDB (MDB)
More About MongoDB
MongoDB, Inc., together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It offers professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.
Owning MongoDB Stock on the Dividend Date
If you own MongoDB stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of MongoDB stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of MongoDB stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying MongoDB stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the MongoDB dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning MongoDB 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 MongoDB stock price from the dividend is already baked into MongoDB option prices.
That means the prices of call options that overlap the MongoDB ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the MongoDB ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of MongoDB call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of MongoDB put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More MongoDB Dividends
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