Cresud SACIF y A Dividends
The next dividend date for Cresud SACIF y A 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 Cresud SACIF y A (CRESY)
More About Cresud SACIF y A
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments. It is also involved in the management, development, and ownership of shopping malls, office buildings, and hotels; sale of grain derivatives, such as flour and oil; production and sale of crops, such as soybean, sugarcane, wheat, corn, oilseed, and sunflower, as well as sorghum and peanuts; and breeding, purchasing, and/or fattening of cattle for sale to slaughterhouses and supermarkets. In addition, it leases its farms to third parties for agriculture, cattle breeding, and seed production; and offers agricultural services. The company was incorporated in 1936 and is headquartered in Buenos Aires, Argentina.
Owning Cresud SACIF y A Stock on the Dividend Date
If you own Cresud SACIF y A stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cresud SACIF y A stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Cresud SACIF y A stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cresud SACIF y A stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cresud SACIF y A dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cresud SACIF y A Dividends
You can contact us any time if you would like to ask questions about Cresud SACIF y A dividends or anything else related to the stock market.