Shutterstock Dividends
The next dividend date for Shutterstock 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 Shutterstock (SSTK)
More About Shutterstock
Shutterstock, Inc. provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally. The company offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects in HD and 4K formats that are integrated into websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage. It also provides 3 dimensional models consisting of 3D models used in various industries, such as advertising, media and video production, gaming, retail, education, design, and architecture; and generative AI content comprising images generated from algorithms trained with ethically sourced content. In addition, the company operates a collection of graphics interchange format visuals and stickers that supplies casual conversational content. It offers its services under the Shutterstock, Envato, Pond5, TurboSquid, PicMonkey, PremiumBeat, Splash News, Backgrid, Bigstock, and Offset brand names. The company serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators through digital, live sales, services, and client management channels. Shutterstock, Inc. was founded in 2003 and is headquartered in New York, New York.
Owning Shutterstock Stock on the Dividend Date
If you own Shutterstock stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Shutterstock stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Shutterstock stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Shutterstock stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Shutterstock dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Shutterstock Dividends
You can contact us any time if you would like to ask questions about Shutterstock dividends or anything else related to the stock market.