Uber Technologies Inc Dividends
The next dividend date for Uber Technologies 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 Uber Technologies Inc (UBER)
More About Uber Technologies Inc
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services. The Delivery segment allows consumers to search for and discover restaurants to grocery, alcohol, convenience, and other retails, as well as order a meal or other items, and either pick-up at the restaurant or have it delivered; and provides Uber direct, a white-label delivery-as-a-service for retailers and restaurants, as well as advertising services. The Freight segment manages transportation and logistics network, which connects shippers and carriers in digital marketplace, including carriers upfronts, pricing, and shipment booking; and offers on-demand platform to automate logistics end-to-end transactions for small-and medium-sized business to global enterprises. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Owning Uber Technologies Inc Stock on the Dividend Date
If you own Uber Technologies Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Uber Technologies 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 Uber Technologies Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Uber Technologies Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Uber Technologies Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Uber Technologies 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 Uber Technologies Inc stock price from the dividend is already baked into Uber Technologies Inc option prices.
That means the prices of call options that overlap the Uber Technologies 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 Uber Technologies Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Uber Technologies Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Uber Technologies Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Uber Technologies Inc Dividends
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