friday marks the last chance for investors to receive the next dividend payout from dolby laboratories dlb the company announced on thursday that it would pay shareholders a quarterly dividend of 27 cents per share on monday dolby laboratories will go exdividend meaning the stock will trade lower to reflect that payout in other words the stock will likely open 27 cents lower than it would have opened on any other day in order to be eligible to receive a companys dividend shareholders must own the stock prior to the exdividend date—in this case monday shareholders who own dlb as of the end of fridays session are eligible to receive the 27 cents dividend payout for every share that they own according to the company this dividend will be paid out to shareholders on may 23 2023 investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way to keep track of which companies are distributing dividends click here to visit our dividends calendar