Palladyne AI Corp Dividends
The next dividend date for Palladyne AI 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 Palladyne AI Corp (PDYN)
More About Palladyne AI Corp
Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) Foundational Technology enables robots to observe, learn, reason, and act in structured and unstructured environments. In addition, the company's technologies enable robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming, training, or the latency associated with processing in the cloud. Further, it offers Palladyne IQ used with industrial robots and cobots, enabling them to learn multiple tasks and handle disruptions or obstacles; and develops Palladyne Pilot for use with unmanned platform, such as Class 1 UAVs to enable persistent detection, identification, tracking, and classification of objects of interest by sharing situational awareness information across multiple drones that is derived by fusing multi-modal sensor data. It serves industrial manufacturing, defense, infrastructure maintenance, repair and surveillance, energy, and aerospace and aviation industries. The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024. Palladyne AI Corp. is headquartered in Salt Lake City, Utah.
Owning Palladyne AI Corp Stock on the Dividend Date
If you own Palladyne AI Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Palladyne AI 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 Palladyne AI Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Palladyne AI Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Palladyne AI Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Palladyne AI Corp Dividends
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