Rivian Automotive Inc Dividends
The next dividend date for Rivian Automotive 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 Rivian Automotive Inc (RIVN)
More About Rivian Automotive Inc
Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name. It provides software and services, such as remarketing, vehicle repair and maintenance services, and vehicle electrical architecture and software development services. In addition, the company designs, develops, manufactures, and operates the Rivian Adventure Network Direct Current fast chargers, and offers access to Combined Charging Standard, as well as FleetOS, a proprietary, end-to-end centralized fleet management subscription platform. Further, it offers Rivian Commercial Van platform for Electric Delivery Van with collaboration with Amazon.com, Inc. It sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in Irvine, California.
Owning Rivian Automotive Inc Stock on the Dividend Date
If you own Rivian Automotive Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Rivian Automotive 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 Rivian Automotive Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Rivian Automotive Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Rivian Automotive Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Rivian Automotive Inc 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 Rivian Automotive Inc stock price from the dividend is already baked into Rivian Automotive Inc option prices.
That means the prices of call options that overlap the Rivian Automotive Inc ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Rivian Automotive Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Rivian Automotive Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Rivian Automotive Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Rivian Automotive Inc Dividends
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