Silicon Motion Technology Dividends
The next dividend date for Silicon Motion Technology 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 Silicon Motion Technology (SIMO)
More About Silicon Motion Technology
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in enterprise and hyperscale data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; and single-chip SSDs under the FerriSSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.
Owning Silicon Motion Technology Stock on the Dividend Date
If you own Silicon Motion Technology stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Silicon Motion Technology stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Silicon Motion Technology stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Silicon Motion Technology stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Silicon Motion Technology dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Silicon Motion Technology Dividends
You can contact us any time if you would like to ask questions about Silicon Motion Technology dividends or anything else related to the stock market.