Loma Negra Compania Industrial Argentina SA ADR Dividends
The next dividend date for Loma Negra Compania Industrial Argentina SA 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 Loma Negra Compania Industrial Argentina SA ADR (LOMA)
More About Loma Negra Compania Industrial Argentina SA ADR
Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement, and Lime; Concrete; Rail services; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others. The company also provides rail transportation services; and treats and recycles industrial waste for use as fuel and raw material. It markets its products under the Loma Negra, San Martín, Plasticor, Cacique Plus, Cacique Max, Loma Negra Plus, and Lomax brands. The company was incorporated in 1926 and is based in Buenos Aires, Argentina. Loma Negra Compañía Industrial Argentina Sociedad Anónima operates as a subsidiary of Intercement Trading E Inversiones Argentina Sociedad Limitada.
Owning Loma Negra Compania Industrial Argentina SA ADR Stock on the Dividend Date
If you own Loma Negra Compania Industrial Argentina SA ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Loma Negra Compania Industrial Argentina SA 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 Loma Negra Compania Industrial Argentina SA ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Loma Negra Compania Industrial Argentina SA ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Loma Negra Compania Industrial Argentina SA ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Loma Negra Compania Industrial Argentina SA ADR Dividends
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