Coca-Cola Femsa SAB de CV ADR Dividends
The next dividend date for Coca-Cola Femsa SAB de CV ADR 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 Coca-Cola Femsa SAB de CV ADR (KOF)
More About Coca-Cola Femsa SAB de CV ADR
Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; and other non-carbonated beverages, such as tea, sports drinks, energy drinks, fruit-based beverages, juice, coffee, milk, value-added dairy, and plant-based drinks. It also distributes and sells beer products under the Heineken, Estrella Galicia, and Therezópolis brands, as well as Campari alcoholic beverages, Perfetti confectionary and chewing gum, and Monster products. The company sells its products to distributors, retail outlets, wholesale supermarkets, discount and convenience stores, retailers, points-of-sale outlets, restaurants and bars, stadiums, auditoriums, theaters, and home deliveries. Coca-Cola FEMSA, S.A.B. de C.V. was founded in 1979 and is headquartered in Mexico City, Mexico.
Owning Coca-Cola Femsa SAB de CV ADR Stock on the Dividend Date
If you own Coca-Cola Femsa SAB de CV ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Coca-Cola Femsa SAB de CV ADR stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Coca-Cola Femsa SAB de CV ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Coca-Cola Femsa SAB de CV ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Coca-Cola Femsa SAB de CV ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Coca-Cola Femsa SAB de CV ADR Dividends
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