Atlassian Corp Plc Dividends
The next dividend date for Atlassian Corp Plc 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 Atlassian Corp Plc (TEAM)
More About Atlassian Corp Plc
Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. Its product portfolio includes Jira, a project management platform for planning, tracking, and managing work; Confluence, a connected workspace to create, organize, and share team knowledge, documents, and collaboration content; Loom, an asynchronous video communication tool to record and share videos; Jira Service Management, an intuitive service management solution for IT, HR, and other teams; and Rovo, an AI offering that assists teams with its Search, Chat and Agent capabilities. The company also offers Bitbucket, a git-based source code management platform for professional development teams; Compass, a developer portal that provides a unified view of engineering components; Jira Product Discovery, a tool to capture, prioritize, and roadmap product ideas; Jira Align, an enterprise agility solution that connects business and technology teams to align strategy with execution; Focus, a strategy hub for leadership teams; and Talent, a workforce planning app. In addition, it provides Trello, an AI-powered personal productivity tool; and Guard, an app for detecting and responding to security threats. The company was founded in 2002 and is headquartered in Sydney, Australia.
Owning Atlassian Corp Plc Stock on the Dividend Date
If you own Atlassian Corp Plc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Atlassian Corp Plc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Atlassian Corp Plc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Atlassian Corp Plc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Atlassian Corp Plc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Atlassian Corp Plc 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 Atlassian Corp Plc stock price from the dividend is already baked into Atlassian Corp Plc option prices.
That means the prices of call options that overlap the Atlassian Corp Plc ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Atlassian Corp Plc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Atlassian Corp Plc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Atlassian Corp Plc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Atlassian Corp Plc Dividends
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