Novonix Ltd ADR Dividends
The next dividend date for Novonix Ltd 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 Novonix Ltd ADR (NVX)
More About Novonix Ltd ADR
NOVONIX Limited, a battery technology and materials company, provides products and mission critical services in North America, Asia, Australia, and Europe. It operates through Battery Materials, Battery Technology, and Graphite Exploration segments. The company develops and manufactures battery anode materials and battery cell testing equipment; performs consulting services; and carries out research and development in battery development. It also holds interest in the Mount Dromedary Graphite Project located in Northern Queensland, Australia. In addition, the company is involved in the investment and management, and real estate borrowing activities, as well as battery technology activities. It serves battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.
Owning Novonix Ltd ADR Stock on the Dividend Date
If you own Novonix Ltd ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Novonix Ltd 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 Novonix Ltd ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Novonix Ltd ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Novonix Ltd ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Novonix Ltd ADR Dividends
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