Take-Two Interactive Software Inc Dividends
The next dividend date for Take-Two Interactive Software 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 Take-Two Interactive Software Inc (TTWO)
More About Take-Two Interactive Software Inc
Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises. It also publishes various entertainment properties across various platforms and a range of genres, such as shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier's Civilization, XCOM series, Borderlands, and Tiny Tina's Wonderland names. In addition, the company publishes sports simulation titles comprising NBA 2K series, a basketball video game; the WWE 2K professional wrestling series; mobile titles, including WWE SuperCard; and PGA TOUR 2K. Further, it offers Kerbal Space Program; free-to-play mobile games, such as CSR Racing, Dragon City, Empires & Puzzles, FarmVille, Game of Thrones: Legends, Golf Rival, Harry Potter: Puzzles & Spells, Match Factory!, Merge Dragons!, Merge Magic!, Monster Legends, Toon Blast, Top Eleven, Top Troops, Toy Blast, Two Dots, Words With Friends, and Zynga Poker; and hyper-casual mobile titles, including Color Block Jam, Fill the Fridge!, Parking Jam 3D, Power Slap, Pull the Pin, Screw Jam, Twisted Tangle, and Tangled Snakes. The company's products are designed for console gaming systems; and mobiles comprising smartphones, tablets, and personal computers. It provides its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was incorporated in 1993 and is based in New York, New York.
Owning Take-Two Interactive Software Inc Stock on the Dividend Date
If you own Take-Two Interactive Software Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Take-Two Interactive Software 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 Take-Two Interactive Software Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Take-Two Interactive Software Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Take-Two Interactive Software Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Take-Two Interactive Software 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 Take-Two Interactive Software Inc stock price from the dividend is already baked into Take-Two Interactive Software Inc option prices.
That means the prices of call options that overlap the Take-Two Interactive Software 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 Take-Two Interactive Software Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Take-Two Interactive Software Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Take-Two Interactive Software Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Take-Two Interactive Software Inc Dividends
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