Virtu Financial, Inc. Dividends
The next dividend date for Virtu Financial, 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 Virtu Financial, Inc. (VIRT)
More About Virtu Financial, Inc.
Virtu Financial, Inc. operates as a financial services company in the United States, Ireland, and internationally. It operates through two segments: Market Making and Execution Services. The company's product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology. Its product allows its clients to trade on various venues across 50 countries and in various asset classes, including global equities, ETFs, options, foreign exchange, futures, fixed income, cryptocurrencies, and myriad other commodities. The company's multi-asset analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across global markets. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.
Owning Virtu Financial, Inc. Stock on the Dividend Date
If you own Virtu Financial, Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Virtu Financial, 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 Virtu Financial, Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Virtu Financial, Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Virtu Financial, Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Virtu Financial, Inc. Dividends
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