Upwork Inc Dividends
The next dividend date for Upwork 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 Upwork Inc (UPWK)
More About Upwork Inc
Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Payroll, enterprise, managed, and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in Palo Alto, California.
Owning Upwork Inc Stock on the Dividend Date
If you own Upwork Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Upwork 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 Upwork Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Upwork Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Upwork Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Upwork Inc Dividends
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