Riot Blockchain Inc Dividends
The next dividend date for Riot Blockchain 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 Riot Blockchain Inc (RIOT)
More About Riot Blockchain Inc
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.
Owning Riot Blockchain Inc Stock on the Dividend Date
If you own Riot Blockchain Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Riot Blockchain 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 Riot Blockchain Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Riot Blockchain Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Riot Blockchain Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Riot Blockchain 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 Riot Blockchain Inc stock price from the dividend is already baked into Riot Blockchain Inc option prices.
That means the prices of call options that overlap the Riot Blockchain 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 Riot Blockchain Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Riot Blockchain Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Riot Blockchain Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Riot Blockchain Inc Dividends
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