International Money Express Inc Dividends
The next dividend date for International Money Express Inc 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 International Money Express Inc (IMXI)
More About International Money Express Inc
International Money Express, Inc., together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards. It provides services through sending and paying agents and company-operated stores, as well as through online and internet-enabled mobile devices. International Money Express, Inc. was founded in 1994 and is headquartered in Miami, Florida.
Owning International Money Express Inc Stock on the Dividend Date
If you own International Money Express Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of International Money Express Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of International Money Express Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying International Money Express Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the International Money Express Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More International Money Express Inc Dividends
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