FinVolution Group Dividends
The next dividend date for FinVolution Group 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 FinVolution Group (FINV)
More About FinVolution Group
FinVolution Group, an investment holding company, operates in the online consumer finance industry in the People's Republic of China, Indonesia, and internationally. It operates an online consumer finance platform through its ppdai.com and PPDai mobile application; KOO Virtual Credit; AdaKami, an online loan platform; and JuanHand for lending and other personalized financial services. The company was formerly known as PPDAI Group Inc. and changed its name to FinVolution Group in November 2019. FinVolution Group was founded in 2007 and is headquartered in Shanghai, the People's Republic of China.
Owning FinVolution Group Stock on the Dividend Date
If you own FinVolution Group stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of FinVolution Group stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of FinVolution Group stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying FinVolution Group stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the FinVolution Group dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More FinVolution Group Dividends
You can contact us any time if you would like to ask questions about FinVolution Group dividends or anything else related to the stock market.