Indonesia Energy Dividends
The next dividend date for Indonesia Energy 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 Indonesia Energy (INDO)
More About Indonesia Energy
Indonesia Energy Corporation Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in Indonesia. Its principal assets include the Kruh Block, a producing block covering an area of 258 square kilometers located in the Pali, South Sumatra; and the Citarum Block, an exploration block covering approximately an area of 3,924.67 square kilometers located in the onshore of West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia.
Owning Indonesia Energy Stock on the Dividend Date
If you own Indonesia Energy stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Indonesia Energy stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Indonesia Energy stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Indonesia Energy stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Indonesia Energy dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Indonesia Energy Dividends
You can contact us any time if you would like to ask questions about Indonesia Energy dividends or anything else related to the stock market.