Denison Mines Corp Dividends
The next dividend date for Denison Mines Corp 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 Denison Mines Corp (DNN)
More About Denison Mines Corp
Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. It holds 95% interest in its flagship project Wheeler River uranium project located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp. in December 2006. Denison Mines Corp. was incorporated in 1936 and is headquartered in Toronto, Canada.
Owning Denison Mines Corp Stock on the Dividend Date
If you own Denison Mines Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Denison Mines Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Denison Mines Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Denison Mines Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Denison Mines Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Denison Mines Corp Dividends
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