Eni SpA ADR Dividends
The next dividend date for Eni SpA 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 Eni SpA ADR (E)
More About Eni SpA ADR
Eni S.p.A. operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio and Power; Refining and Chemicals; Enilive; Plenitude; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas. It is also involved in the supply and sale of wholesale natural gas through pipeline; electricity; and international transport, and purchase and marketing of liquefied natural gas. In addition, the company supplies bio-feedstock and crude oil; and stores, produces, distributes, and markets biofuels, oil products, biomethane, basic chemical and petrochemical products, intermediates, plastics and elastomers, and other chemicals, as well as provides smart mobility solutions and mobility services. Further, the company engages in the retail marketing of gas, electricity, and related services; production and wholesale sale of electricity from renewable plants; and building and managing a network of charging points for electric vehicles. Eni S.p.A. was founded in 1953 and is headquartered in Rome, Italy.
Owning Eni SpA ADR Stock on the Dividend Date
If you own Eni SpA ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Eni SpA 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 Eni SpA ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Eni SpA ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Eni SpA ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Eni SpA ADR Dividends
You can contact us any time if you would like to ask questions about Eni SpA ADR dividends or anything else related to the stock market.