Remitly Global Inc Dividends

The next dividend date for Remitly Global Inc 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 Remitly Global Inc (RELY)

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More About Remitly Global Inc

Country
USA
Full Time Employees
2,800

Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

Owning Remitly Global Inc Stock on the Dividend Date

If you own Remitly Global Inc stock on the ex-dividend date, then you earn the associated dividend.

Theoretically, the price of Remitly Global Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Remitly Global Inc stock).

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

Learning More Remitly Global Inc Dividends

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