Canaan Inc Dividends
The next dividend date for Canaan 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 Canaan Inc (CAN)
More About Canaan Inc
Canaan Inc. engages in the businesses of bitcoin mining machine sales, self-mining operations, and consumer mining products The company offers research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Georgia, Paraguay, Thailand, Indonesia, Australia, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.
Owning Canaan Inc Stock on the Dividend Date
If you own Canaan Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Canaan 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 Canaan Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Canaan Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Canaan Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Canaan Inc Dividends
You can contact us any time if you would like to ask questions about Canaan Inc dividends or anything else related to the stock market.