Sony Group Corp Dividends
The next dividend date for Sony Group Corp 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 Sony Group Corp (SONY)
More About Sony Group Corp
Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications, and various services for music and visual products. In addition, the company produces, acquires, and distributes live-action and animated motion pictures for theatrical release, as well as scripted and animated series, unscripted reality or light entertainment, daytime serials, game shows, television movies, and miniseries and other television programs; operation of television networks and direct-to-consumer streaming services; operates a visual effects and animation unit; and manages a studio facility. Further, it researches, develops, designs, produces, markets, distributes, sells, and services televisions, and video and sound products; interchangeable lens, as well as compact digital, and consumer and professional video cameras; projectors and medical equipment; mobile phones, accessories, and applications; and metal oxide semiconductor image sensors, charge-coupled devices, integration systems, and other semiconductors. Additionally, it offers Internet broadband network services; recording media, and storage media products; and life and non-life insurance, banking, and other services, as well as creates and distributes content for PCs and mobile phones. The company was formerly known as Sony Corporation and changed its name to Sony Group Corporation in April 2021. Sony Group Corporation was incorporated in 1946 and is headquartered in Tokyo, Japan.
Owning Sony Group Corp Stock on the Dividend Date
If you own Sony Group Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Sony Group Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Sony Group Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Sony Group Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Sony Group Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Sony Group Corp 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 Sony Group Corp stock price from the dividend is already baked into Sony Group Corp option prices.
That means the prices of call options that overlap the Sony Group Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Sony Group Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Sony Group Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Sony Group Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Sony Group Corp Dividends
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