Dingdong (Cayman) Limited ADR Dividends
The next dividend date for Dingdong (Cayman) Limited ADR 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 Dingdong (Cayman) Limited ADR (DDL)
More About Dingdong (Cayman) Limited ADR
Dingdong (Cayman) Limited operates an e-commerce company in China. The company provides fresh groceries, including vegetables, meat and eggs, fruits, and seafood. It also offers prepared food, such as ready-to-eat, ready-to-heat, ready-to-cook, and ready-to-mix food; and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. The company offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms. Dingdong (Cayman) Limited was founded in 2017 and is headquartered in Shanghai, China.
Owning Dingdong (Cayman) Limited ADR Stock on the Dividend Date
If you own Dingdong (Cayman) Limited ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Dingdong (Cayman) Limited ADR stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Dingdong (Cayman) Limited ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Dingdong (Cayman) Limited ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Dingdong (Cayman) Limited ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Dingdong (Cayman) Limited ADR Dividends
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