Stocks

Dividend and Buyback: GOOG Ex-Date Trading Status

Published August 27, 2024

Investors and traders pay close attention to the ex-dividend dates of stocks to understand the timing for dividend payments and share buyback events. An ex-date is the date on which the stock trades without the right to receive the next dividend payment. Alphabet Inc. GOOG, the parent company of Google, is among the companies which periodically announce such corporate actions, potentially presenting strategic trade opportunities for market participants.

Understanding the Ex-Dividend Date

For a stock trading on the ex-dividend date, it means that buyers of the stock on that day will not be eligible to receive the company's most recently declared dividend. Typically, the ex-dividend date is set one business day before the record date, the cut-off date used to determine which shareholders are entitled to the dividend payment.

About Alphabet Inc. GOOG

Alphabet Inc., established as a result of the restructuring of Google in October 2015, operates as a leading global technology conglomerate. With a far-reaching impact across the tech industry, GOOG has a significant presence among the largest, revenue-generating tech firms in the world, and stands tall as one of the most valuable entities globally. The company lays claim to the origin story of Google's founding, with its co-founders remaining integral to its ongoing operations and leadership.

When Alphabet Inc. GOOG announces its ex-dividend date, shareholders who own the stock before that date will be entitled to the declared dividend. Keeping an eye on such key financial events provides investors with insights into a company's profitability and its return on investment strategies, such as dividends and stock buybacks.

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