Under Armour Inc A Dividends
The next dividend date for Under Armour Inc A 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 Under Armour Inc A (UAA)
More About Under Armour Inc A
Under Armour, Inc., together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications, as well as for casual use. In addition, the company provides accessories, which include gloves, bags, headwear, and socks; and engages in brand licensing, digital subscription, advertising, and other digital business activities. It primarily offers its products under the UNDER ARMOUR, ARMOUR, HEATGEAR, COLDGEAR, HOVR, UA, PROTECT THIS HOUSE, I WILL, ARMOUR FLEECE, and ARMOUR BRA brands. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through Brand and Factory House stores and e-commerce websites. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company was incorporated in 1996 and is headquartered in Baltimore, Maryland.
Owning Under Armour Inc A Stock on the Dividend Date
If you own Under Armour Inc A stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Under Armour Inc A stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Under Armour Inc A stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Under Armour Inc A stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Under Armour Inc A dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Under Armour Inc A 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 Under Armour Inc A stock price from the dividend is already baked into Under Armour Inc A option prices.
That means the prices of call options that overlap the Under Armour Inc A ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Under Armour Inc A ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Under Armour Inc A call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Under Armour Inc A put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Under Armour Inc A Dividends
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