Collective Mining Ltd. Dividends
The next dividend date for Collective Mining 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 Collective Mining Ltd. (CNL)
More About Collective Mining Ltd.
Collective Mining Ltd. engages in the acquisition, exploration, and development of mineral properties located in Colombia. The company explores for gold, silver, copper, and tungsten deposits. Its flagship project is the 100% interest in the Guayabales project consisting of exploration titles, exploration applications, and two option agreements and a number of surface rights option agreements. The Guayabales Project is located in the Middle Cauca belt in the Department of Caldas, Colombia. The company is headquartered in Toronto, Canada.
Owning Collective Mining Ltd. Stock on the Dividend Date
If you own Collective Mining Ltd. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Collective Mining 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 Collective Mining Ltd. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Collective Mining Ltd. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Collective Mining Ltd. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Collective Mining Ltd. Dividends
You can contact us any time if you would like to ask questions about Collective Mining Ltd. dividends or anything else related to the stock market.