UWM Holdings Corp Dividends
The next dividend date for UWM Holdings Corp 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 UWM Holdings Corp (UWMC)
More About UWM Holdings Corp
UWM Holdings Corporation engages in the origination, sale, and servicing residential mortgage lending in the United States. The company offers mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan.
Owning UWM Holdings Corp Stock on the Dividend Date
If you own UWM Holdings Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of UWM Holdings Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of UWM Holdings Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying UWM Holdings Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the UWM Holdings Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning UWM Holdings Corp 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 UWM Holdings Corp stock price from the dividend is already baked into UWM Holdings Corp option prices.
That means the prices of call options that overlap the UWM Holdings Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the UWM Holdings Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of UWM Holdings Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of UWM Holdings Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More UWM Holdings Corp Dividends
You can contact us any time if you would like to ask questions about UWM Holdings Corp dividends or anything else related to the stock market.