Ferrari NV Dividends
The next dividend date for Ferrari NV 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 Ferrari NV (RACE)
More About Ferrari NV
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers sports, track, one-off, and road cars, as well as supercars. It also provides spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services; range of financial and ancillary services; special financing arrangements; and operates franchised and owned Ferrari stores. The company was founded in 1947 and is headquartered in Maranello, Italy.
Owning Ferrari NV Stock on the Dividend Date
If you own Ferrari NV stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Ferrari NV stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Ferrari NV stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Ferrari NV stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Ferrari NV dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Ferrari NV 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 Ferrari NV stock price from the dividend is already baked into Ferrari NV option prices.
That means the prices of call options that overlap the Ferrari NV ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Ferrari NV ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Ferrari NV call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Ferrari NV put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Ferrari NV Dividends
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