ODP Corp Dividends

The next dividend date for ODP 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 ODP Corp (ODP)

Date	Declaration Date	Record Date	Payment Date	Amount
02/28/2020	02/04/2020	03/02/2020	03/13/2020	$0.25
11/21/2019	11/06/2019	11/22/2019	12/13/2019	$0.25
08/22/2019	08/07/2019	08/23/2019	09/13/2019	$0.25
05/23/2019	05/08/2019	05/24/2019	06/14/2019	$0.25
02/28/2019	02/05/2019	03/01/2019	03/15/2019	$0.25
11/21/2018	11/07/2018	11/23/2018	12/14/2018	$0.25
08/23/2018	08/07/2018	08/24/2018	09/14/2018	$0.25
05/24/2018	05/09/2018	05/25/2018	06/15/2018	$0.25
03/01/2018	02/06/2018	03/02/2018	03/15/2018	$0.25
11/22/2017	11/09/2017	11/24/2017	12/15/2017	$0.25
08/23/2017	08/09/2017	08/25/2017	09/15/2017	$0.25
05/23/2017	---	05/25/2017	06/15/2017	$0.25
03/01/2017	02/14/2017	03/03/2017	03/15/2017	$0.25
11/23/2016	---	---	---	$0.03
11/22/2016	11/02/2016	11/25/2016	12/15/2016	$0.25
08/23/2016	08/03/2016	08/25/2016	09/15/2016	$0.25

More About ODP Corp

Website

https://www.theodpcorp.com

Country

USA

Full Time Employees

19,000

The ODP Corporation provides business products, services and supplies, and digital workplace technology solutions to small, medium, and enterprise-level businesses in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The company operates through three segments: ODP Business Solutions, Office Depot, and Veyer. The ODP Business Solutions segment offers adjacency products, including cleaning, janitorial, breakroom supplies, office furniture, and technology products; and copy and print services through sales force, catalogs, telesales, and internet websites. This segment also engages in the office supply distribution business. The Office Depot segment sells office supplies, technology products and solutions, business machines and related supplies, cleaning, breakroom and facilities products, personal protective equipment, and office furniture; and offers business services, including copying, printing, digital imaging, mailing, shipping, and technology support services through a fully integrated omni-channel platform of 869 Office Depot and OfficeMax retail stores, as well as officedepot.com. The Veyer segment engages in the supply chain, distribution, procurement, and global sourcing operation and purchasing, as well as global sourcing operation in Asia. The ODP Corporation was founded in 1986 and is headquartered in Boca Raton, Florida.

Owning ODP Corp Stock on the Dividend Date

If you own ODP Corp stock on the ex-dividend date, then you earn the associated dividend.

Theoretically, the price of ODP 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 ODP Corp stock).

Therefore, it is typically not expected that there is any incremental profit to be gained from buying ODP Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the ODP Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.

Learning More ODP Corp Dividends

You can contact us any time if you would like to ask questions about ODP Corp dividends or anything else related to the stock market.