Orla Mining Ltd Dividends
The next dividend date for Orla Mining Ltd 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 Orla Mining Ltd (ORLA)
More About Orla Mining Ltd
Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. It explores gold, silver, zinc, lead, and copper deposits. The company owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada. It also holds interest in acquisition of the Musselwhite Gold Mine project located in Ontario, Canada. The company was formerly known as Red Mile Minerals Corp. and changed its name to Orla Mining Ltd. in June 2015. Orla Mining Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Owning Orla Mining Ltd Stock on the Dividend Date
If you own Orla Mining Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Orla Mining Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Orla Mining Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Orla Mining Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Orla Mining Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Orla Mining Ltd Dividends
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