IAMGold Corporation Dividends
The next dividend date for IAMGold Corporation 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 IAMGold Corporation (IAG)
More About IAMGold Corporation
IAMGOLD Corporation, through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso. The company owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Owning IAMGold Corporation Stock on the Dividend Date
If you own IAMGold Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of IAMGold Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of IAMGold Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying IAMGold Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the IAMGold Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More IAMGold Corporation Dividends
You can contact us any time if you would like to ask questions about IAMGold Corporation dividends or anything else related to the stock market.