Rocket Companies Inc Dividends

The next dividend date for Rocket Companies 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 Rocket Companies Inc (RKT)

DateDeclaration DateRecord DatePayment DateAmount
03/20/202503/10/202503/20/202504/03/2025$0.80
03/07/202202/24/202203/08/202203/22/2022$1.01
03/08/202102/25/202103/09/202103/23/2021$1.11

More About Rocket Companies Inc

Country
USA
Full Time Employees
14,200

Rocket Companies, Inc., provides spanning mortgage, real estate, and personal finance services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company offers Rocket Mortgage, a mortgage lender service; Rocket Close, an appraisal management, settlement, and title service; Rocket Homes, a home search platform and real estate agent referral network that provides technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business. It also provides Rocket Money that provides financial wellness services, including subscription cancellation, budget management, and credit score; and Lendesk, a software service that provides a point of sale system for mortgage professionals and a loan origination system for private lenders. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings Inc.

Owning Rocket Companies Inc Stock on the Dividend Date

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

Theoretically, the price of Rocket Companies 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 Rocket Companies Inc stock).

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

Owning Rocket Companies 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 Rocket Companies Inc stock price from the dividend is already baked into Rocket Companies Inc option prices.

That means the prices of call options that overlap the Rocket Companies 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 Rocket Companies Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.

Owners of Rocket Companies Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Rocket Companies Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.

Learning More Rocket Companies Inc Dividends

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