Palantir Technologies Inc. Dividends
The next dividend date for Palantir Technologies 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 Palantir Technologies Inc. (PLTR)
More About Palantir Technologies Inc.
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham, a software platform, which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. The company also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform that provides unified access to open-source, self-hosted, and commercial large language models (LLMs) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company has a strategic alliance with Stagwell Inc. for the development of AI-driven platform for marketers that willbring the full power of data and AI together to increase marketing ROI. The company was incorporated in 2003 and is headquartered in Denver, Colorado.
Owning Palantir Technologies Inc. Stock on the Dividend Date
If you own Palantir Technologies Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Palantir Technologies 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 Palantir Technologies Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Palantir Technologies Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Palantir Technologies Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Palantir Technologies 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 Palantir Technologies Inc. stock price from the dividend is already baked into Palantir Technologies Inc. option prices.
That means the prices of call options that overlap the Palantir Technologies 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 Palantir Technologies Inc. ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Palantir Technologies Inc. call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Palantir Technologies Inc. put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Palantir Technologies Inc. Dividends
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