Cenntro Electric Group Ltd Dividends
The next dividend date for Cenntro Electric Group Ltd 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 Cenntro Electric Group Ltd (CENN)
More About Cenntro Electric Group Ltd
Cenntro Inc. engages in the design, development, and manufacture of electric light and medium-duty commercial vehicles in Europe, Asia, and the United States. Its purpose-built electric commercial vehicles are designed to serve various fleet and municipal organizations in support of city services, last-mile delivery, and other commercial applications. The company sells its products under the Metro, Logistar, Logimax, Avantier, Teemak, and Antric One names. Cenntro Inc. was founded in 2013 and is based in Freehold, New Jersey. Cenntro Inc. is a subsidiary of Cenntro Electric Group Limited.
Owning Cenntro Electric Group Ltd Stock on the Dividend Date
If you own Cenntro Electric Group Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cenntro Electric Group Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Cenntro Electric Group Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cenntro Electric Group Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cenntro Electric Group Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cenntro Electric Group Ltd Dividends
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