Contango ORE Inc Dividends
The next dividend date for Contango ORE 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 Contango ORE Inc (CTGO)
More About Contango ORE Inc
Contango Ore, Inc., an exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States. It explores for gold, silver, and copper ores. The company was founded in 2009 and is headquartered in Fairbanks, Alaska.
Owning Contango ORE Inc Stock on the Dividend Date
If you own Contango ORE Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Contango ORE 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 Contango ORE Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Contango ORE Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Contango ORE Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Contango ORE Inc Dividends
You can contact us any time if you would like to ask questions about Contango ORE Inc dividends or anything else related to the stock market.