Braskem SA Class A Dividends
The next dividend date for Braskem SA Class A 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 Braskem SA Class A (BAK)
More About Braskem SA Class A
Braskem S.A., together with its subsidiaries, engages in the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil. It produces and sells polyethylene (PE), polypropylene, tertiary-butyl ethyl ether, gasoline, benzene, toluene, xylene, ethylene, propylene, polyvinyl chloride, caustic soda, butadiene, cumene, naphtha, solvents, and condensate; thermoplastic resins; and basic petrochemicals. The company also supplies electricity and other inputs to second-generation producers; and sale of utilities such as steam, water, compressed air and industrial gases, as well as provides industrial services and natural gas. It also operates in the United States, Mexico, Switzerland, Argentina, Germany, Japan, the Netherlands, Singapore, Chile, Spain, Peru, Italy, Luxembourg, China, and internationally. The company was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. Braskem S.A. was founded in 1972 and is headquartered in São Paulo, Brazil. Braskem S.A. is a subsidiary of NSP Investimentos S.A. - Em Recuperacao Judicial.
Owning Braskem SA Class A Stock on the Dividend Date
If you own Braskem SA Class A stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Braskem SA Class A stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Braskem SA Class A stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Braskem SA Class A stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Braskem SA Class A dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Braskem SA Class A Dividends
You can contact us any time if you would like to ask questions about Braskem SA Class A dividends or anything else related to the stock market.