LM Funding America Inc Dividends
The next dividend date for LM Funding America 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 LM Funding America Inc (LMFA)
More About LM Funding America Inc
LM Funding America, Inc. operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Bitcoin Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. LM Funding America, Inc. was founded in 2008 and is based in Tampa, Florida.
Owning LM Funding America Inc Stock on the Dividend Date
If you own LM Funding America Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of LM Funding America 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 LM Funding America Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying LM Funding America Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the LM Funding America Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More LM Funding America Inc Dividends
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