SoundHound AI Inc Dividends
The next dividend date for SoundHound AI 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 SoundHound AI Inc (SOUN)
More About SoundHound AI Inc
SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers in the United States, Korea, France, Japan, Germany, and internationally. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. The company's products also include CaiNET software that uses machine learning to enhance how domains work together to handle queries; CaiLAN software that arbitrates responses, so users get answers from the right domain; Dynamic Interaction a real-time, multimodal customer service interface; Smart Ordering which offers an easy-to-understand voice assistant for restaurants; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; Employee Assist; and embedded voice solutions. The company was founded in 2005 and is headquartered in Santa Clara, California.
Owning SoundHound AI Inc Stock on the Dividend Date
If you own SoundHound AI Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of SoundHound AI 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 SoundHound AI Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying SoundHound AI Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the SoundHound AI Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning SoundHound AI 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 SoundHound AI Inc stock price from the dividend is already baked into SoundHound AI Inc option prices.
That means the prices of call options that overlap the SoundHound AI 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 SoundHound AI Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of SoundHound AI Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of SoundHound AI Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More SoundHound AI Inc Dividends
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