Argo Blockchain PLC ADR Dividends
The next dividend date for Argo Blockchain PLC ADR 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 Argo Blockchain PLC ADR (ARBK)
More About Argo Blockchain PLC ADR
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining activities. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.
Owning Argo Blockchain PLC ADR Stock on the Dividend Date
If you own Argo Blockchain PLC ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Argo Blockchain PLC ADR stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Argo Blockchain PLC ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Argo Blockchain PLC ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Argo Blockchain PLC ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Argo Blockchain PLC ADR Dividends
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