Enel Chile SA ADR Dividends
The next dividend date for Enel Chile SA 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 Enel Chile SA ADR (ENIC)
More About Enel Chile SA ADR
Enel Chile S.A., an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation, and Distribution and Networks Segments. It is involved in generating electricity through hydroelectric, wind, photovoltaic, and geothermal energy plant; production and transport of electrical energy; distributes liquid fuels and gas. The company was formerly known as Enersis Chile S.A. and changed its name to Enel Chile S.A. in October 2016. Enel Chile S.A. was incorporated in 2016 and is headquartered in Santiago, Chile. Enel Chile S.A. operates as a subsidiary of Enel SpA.
Owning Enel Chile SA ADR Stock on the Dividend Date
If you own Enel Chile SA ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Enel Chile SA 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 Enel Chile SA ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Enel Chile SA ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Enel Chile SA ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Enel Chile SA ADR Dividends
You can contact us any time if you would like to ask questions about Enel Chile SA ADR dividends or anything else related to the stock market.