Pagaya Technologies Ltd. Dividends
The next dividend date for Pagaya Technologies 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 Pagaya Technologies Ltd. (PGY)
More About Pagaya Technologies Ltd.
Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services and other service providers, their customers, and asset investors in the United States, Israel, and the Cayman Islands. The company develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. Its partners include financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. The company was incorporated in 2016 and is headquartered in New York, New York.
Owning Pagaya Technologies Ltd. Stock on the Dividend Date
If you own Pagaya Technologies Ltd. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Pagaya Technologies 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 Pagaya Technologies Ltd. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Pagaya Technologies Ltd. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Pagaya Technologies Ltd. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Pagaya Technologies Ltd. Dividends
You can contact us any time if you would like to ask questions about Pagaya Technologies Ltd. dividends or anything else related to the stock market.