Century Aluminum Company Dividends
The next dividend date for Century Aluminum Company 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 Century Aluminum Company (CENX)
More About Century Aluminum Company
Century Aluminum Company, together with its subsidiaries, produces and sells standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates a carbon anode production facility located in Vlissingen, the Netherlands, as well as engages in the bauxite mining and alumina refining business in Jamaica. The company was founded in 1995 and is headquartered in Chicago, Illinois.
Owning Century Aluminum Company Stock on the Dividend Date
If you own Century Aluminum Company stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Century Aluminum Company stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Century Aluminum Company stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Century Aluminum Company stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Century Aluminum Company dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Century Aluminum Company Dividends
You can contact us any time if you would like to ask questions about Century Aluminum Company dividends or anything else related to the stock market.