Harmony Gold Mining Company Limited Dividends
The next dividend date for Harmony Gold Mining Company Limited 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 Harmony Gold Mining Company Limited (HMY)
More About Harmony Gold Mining Company Limited
Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australasia. The company explores for gold, uranium, silver, and copper deposits. It has eight underground operations in the Witwatersrand Basin; the Kraaipan Greenstone Belt; and various surface source operations in South Africa. In addition, the company owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Further, it holds interest in Rosby and Eva Copper Project located in Queensland, Australia. The company was incorporated in 1950 and is based in Randfontein, South Africa.
Owning Harmony Gold Mining Company Limited Stock on the Dividend Date
If you own Harmony Gold Mining Company Limited stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Harmony Gold Mining Company Limited stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Harmony Gold Mining Company Limited stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Harmony Gold Mining Company Limited stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Harmony Gold Mining Company Limited dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Harmony Gold Mining Company Limited Dividends
You can contact us any time if you would like to ask questions about Harmony Gold Mining Company Limited dividends or anything else related to the stock market.