Wynn Resorts Limited Dividends
The next dividend date for Wynn Resorts Limited 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 Wynn Resorts Limited (WYNN)
More About Wynn Resorts Limited
Wynn Resorts, Limited designs, develops, and operates integrated resorts. It operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral displays. The Wynn Macau segment operates casino space with private gaming salons, sky casinos, and a poker room; a luxury hotel tower, that include health clubs, spas, a salon, and a pool; food and beverage outlets; retail space; meeting and convention space; and Chinese zodiac-inspired ceiling attractions. The Las Vegas Operations segment operates casino space with private gaming salons, a sky casino, a poker room, and a race and sports book; a luxury hotel tower with suites, and villas, including swimming pools, private cabanas, full-service spas and salons, and a wedding chapel; food and beverage outlets; meeting and convention space; retail space; and theaters, nightclubs, a beach club. The Encore Boston Harbor segment operates casino space with gaming areas, and a poker room; a luxury hotel tower including a spa and salon; food and beverage outlets and a nightclub; retail space; meeting and convention space; and a waterfront park, floral displays, and water shuttle service. Wynn Resorts, Limited was incorporated in 2002 and is based in Las Vegas, Nevada.
Owning Wynn Resorts Limited Stock on the Dividend Date
If you own Wynn Resorts Limited stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Wynn Resorts Limited stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Wynn Resorts Limited stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Wynn Resorts Limited stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Wynn Resorts Limited dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Wynn Resorts Limited 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 Wynn Resorts Limited stock price from the dividend is already baked into Wynn Resorts Limited option prices.
That means the prices of call options that overlap the Wynn Resorts Limited ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Wynn Resorts Limited ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Wynn Resorts Limited call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Wynn Resorts Limited put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Wynn Resorts Limited Dividends
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