Chemours Co Dividends
The next dividend date for Chemours Co 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 Chemours Co (CC)
More About Chemours Co
The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates through three segments: Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials. The Thermal & Specialized Solutions segment provides refrigerants, thermal management solutions, propellants, foam blowing agents, and specialty solvents under the Freon and Opteon brand names. The Titanium Technologies segment offers TiO2 pigment, a white pigment that delivers whiteness, brightness, opacity, durability, efficiency, and protection in applications, including architectural and industrial coatings, flexible and rigid plastic packaging, polyvinylchloride, laminate papers used for furniture and building materials, coated paper, and coated paperboard for use in packaging under the Ti-Pure brand name. The Advanced Performance Materials segment products portfolio includes various specialty product solutions, membranes, industrial resins, additives, films, and coatings for consumer electronics, semiconductors, digital communications, transportation, energy, oil and gas, and medical markets under the Teflon, Viton, Krytox, and Nafion brand names. The company sells its products through direct and indirect channels, as well as through a network of resellers, third-party sales agents, and distributors. The Chemours Company was incorporated in 2014 and is headquartered in Wilmington, Delaware.
Owning Chemours Co Stock on the Dividend Date
If you own Chemours Co stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Chemours Co stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Chemours Co stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Chemours Co stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Chemours Co dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Chemours Co Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Chemours Co stock price from the dividend is already baked into Chemours Co option prices.
That means the prices of call options that overlap the Chemours Co ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Chemours Co ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Chemours Co call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Chemours Co put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Chemours Co Dividends
You can contact us any time if you would like to ask questions about Chemours Co dividends or anything else related to the stock market.