Polestar Automotive Holding UK PLC Class A ADS Dividends
The next dividend date for Polestar Automotive Holding UK PLC Class A ADS 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 Polestar Automotive Holding UK PLC Class A ADS (PSNY)
More About Polestar Automotive Holding UK PLC Class A ADS
Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles and related technology solutions. The company offers battery electric vehicles, including Polestar 2 (PS2), a fast-back sedan; Polestar 3 (PS3), an aero sport-utility vehicle; Polestar 4 (PS4), a sport utility vehicle; Polestar 5 (PS5), a sport grand-touring sedan; and Polestar 6 (PS6), a roadster. It also provides vehicle accessories; software and performance engineered kits; and carbon credits, as well as vehicle leasing. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
Owning Polestar Automotive Holding UK PLC Class A ADS Stock on the Dividend Date
If you own Polestar Automotive Holding UK PLC Class A ADS stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Polestar Automotive Holding UK PLC Class A ADS stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Polestar Automotive Holding UK PLC Class A ADS stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Polestar Automotive Holding UK PLC Class A ADS stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Polestar Automotive Holding UK PLC Class A ADS dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Polestar Automotive Holding UK PLC Class A ADS 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 Polestar Automotive Holding UK PLC Class A ADS stock price from the dividend is already baked into Polestar Automotive Holding UK PLC Class A ADS option prices.
That means the prices of call options that overlap the Polestar Automotive Holding UK PLC Class A ADS ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Polestar Automotive Holding UK PLC Class A ADS ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Polestar Automotive Holding UK PLC Class A ADS call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Polestar Automotive Holding UK PLC Class A ADS put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Polestar Automotive Holding UK PLC Class A ADS Dividends
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