Workday Inc Dividends
The next dividend date for Workday 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 Workday Inc (WDAY)
More About Workday Inc
Workday, Inc. provides enterprise cloud applications in the United States and internationally. The company offers a suite of financial management applications to maintain accounting information; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; perform financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. It also provides spend management solutions that help organizations to streamline supplier selection and contract management, build and execute sourcing events, such as requests for proposals, and manage indirect spend; expense management solutions to submit and approve expenses; and a suite of human capital management applications that enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences. In addition, the company offers planning applications; and applications for analytics and reporting comprising augmented analytics to surface insights to the line of business in simple-to-understand stories. Further, it provides supply chain and inventory solutions to healthcare organizations; solutions to manage the end-to-end student and faculty lifecycle; Workday Extend for customers and their developers to build custom applications; and Workday Illuminate, which helps customers accelerate manual tasks, assist employees, and transform business processes. The company serves the professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality industries. It sells its solutions through its direct sales organization. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California.
Owning Workday Inc Stock on the Dividend Date
If you own Workday Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Workday 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 Workday Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Workday Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Workday Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Workday 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 Workday Inc stock price from the dividend is already baked into Workday Inc option prices.
That means the prices of call options that overlap the Workday 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 Workday Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Workday Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Workday Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Workday Inc Dividends
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