Toast Inc Dividends
The next dividend date for Toast 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 Toast Inc (TOST)
More About Toast Inc
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. The company offers software products for restaurant operations and point of sale, such as Toast POS, team and vendor management, multi-location management, kitchen display system, mobile order and pay, and catering and events. It offers payroll and team management; supply chain and accounting products; xtraCHEF by toast, a set of back-office tools for restaurants, including accounts payable automation, inventory management, ingredient price tracking, and recipe costing; and financial technology solutions. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.
Owning Toast Inc Stock on the Dividend Date
If you own Toast Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Toast 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 Toast Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Toast Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Toast Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Toast 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 Toast Inc stock price from the dividend is already baked into Toast Inc option prices.
That means the prices of call options that overlap the Toast 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 Toast Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Toast Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Toast Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Toast Inc Dividends
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