Skillz Platform Inc Dividends
The next dividend date for Skillz Platform 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 Skillz Platform Inc (SKLZ)
More About Skillz Platform Inc
Skillz Inc. operates a mobile game platform in the United States, Israel, China, Malta, and internationally. The company operates in two segments, Skillz an Aarki. It offers eSports gaming platform, which enables game developers to monetize content through multi-player competition. The company provides advertising solutions for mobile app developers. It distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is based in Las Vegas, Nevada.
Owning Skillz Platform Inc Stock on the Dividend Date
If you own Skillz Platform Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Skillz Platform 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 Skillz Platform Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Skillz Platform Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Skillz Platform Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Skillz Platform 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 Skillz Platform Inc stock price from the dividend is already baked into Skillz Platform Inc option prices.
That means the prices of call options that overlap the Skillz Platform 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 Skillz Platform Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Skillz Platform Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Skillz Platform Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Skillz Platform Inc Dividends
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