Signet Jewelers Ltd Dividends
The next dividend date for Signet Jewelers Ltd 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 Signet Jewelers Ltd (SIG)
More About Signet Jewelers Ltd
Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Zales Jewelers, Jared Jewelers, Diamonds Direct, Banter by Piercing Pagoda, Peoples Jewellers, and Rocksbox brands, as well as operates online through its digital brands, James Allen and Blue Nile. The International segment operates stores in shopping malls, off-mall locations, and online primarily under the H.Samuel and Ernest Jones brands in the United Kingdom and the Republic of Ireland. The Other segment engages in the purchase and conversion of rough diamonds to polished stones, as well as offers diamond polishing services. Signet Jewelers Limited was founded in 1862 and is based in Hamilton, Bermuda.
Owning Signet Jewelers Ltd Stock on the Dividend Date
If you own Signet Jewelers Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Signet Jewelers Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Signet Jewelers Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Signet Jewelers Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Signet Jewelers Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Signet Jewelers Ltd 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 Signet Jewelers Ltd stock price from the dividend is already baked into Signet Jewelers Ltd option prices.
That means the prices of call options that overlap the Signet Jewelers Ltd ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Signet Jewelers Ltd ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Signet Jewelers Ltd call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Signet Jewelers Ltd put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Signet Jewelers Ltd Dividends
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