DeFi Technologies Inc. Dividends
The next dividend date for DeFi Technologies 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 DeFi Technologies Inc. (DEFT)
More About DeFi Technologies Inc.
DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. The company offers asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. It is also involved in early-stage investments in companies, banks, and foundations in the digital asset space; operation of a specialized arbitrage trading desk that focuses on identifying and capitalizing on low-risk arbitrage opportunities within the digital asset market; private research that produces research reports on digital assets; and provision of OTC desk and digital asset liquidity. The company was formerly known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023. DeFi Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.
Owning DeFi Technologies Inc. Stock on the Dividend Date
If you own DeFi Technologies Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of DeFi Technologies 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 DeFi Technologies Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying DeFi Technologies Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the DeFi Technologies Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More DeFi Technologies Inc. Dividends
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