Cronos Group Inc Dividends
The next dividend date for Cronos Group Inc 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 Cronos Group Inc (CRON)
More About Cronos Group Inc
Cronos Group Inc., a cannabinoid company, engages in the cultivation, production, distribution, and marketing of cannabis products in Canada, Israel, and internationally. It offers dried flowers, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brand names. The company is based in Stayner, Canada.
Owning Cronos Group Inc Stock on the Dividend Date
If you own Cronos Group Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cronos Group Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Cronos Group Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cronos Group Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cronos Group Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cronos Group Inc Dividends
You can contact us any time if you would like to ask questions about Cronos Group Inc dividends or anything else related to the stock market.