Mercurity Fintech Holding Inc ADR Dividends
The next dividend date for Mercurity Fintech Holding Inc 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 Mercurity Fintech Holding Inc ADR (MFH)
More About Mercurity Fintech Holding Inc ADR
Mercurity Fintech Holding Inc., a digital fintech company, provides access to the AI-powered infrastructure, blockchain, and digital assets in the United States. The company offers blockchain and digital asset solutions; and AI and HPC infrastructure, as well as liquid cooling solutions for AI data centers. It also provides broker-dealer, and investment advisory services. The company was formerly known as JMU Limited and changed its name to Mercurity Fintech Holding Inc. in April 2020. Mercurity Fintech Holding Inc. was incorporated in 2011 and is headquartered in New York, New York.
Owning Mercurity Fintech Holding Inc ADR Stock on the Dividend Date
If you own Mercurity Fintech Holding Inc ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Mercurity Fintech Holding Inc 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 Mercurity Fintech Holding Inc ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Mercurity Fintech Holding Inc ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Mercurity Fintech Holding Inc ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Mercurity Fintech Holding Inc ADR Dividends
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