Platinum Group Metals Ltd Dividends
The next dividend date for Platinum Group Metals 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 Platinum Group Metals Ltd (PLG)
More About Platinum Group Metals Ltd
Platinum Group Metals Ltd. engages in the acquisition, exploration, and development of platinum and palladium properties. The company explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. It holds 50.16 % interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa. The company develops next-generation battery technology using platinum and palladium. Platinum Group Metals Ltd. was founded in 2000 and is headquartered in Vancouver, Canada.
Owning Platinum Group Metals Ltd Stock on the Dividend Date
If you own Platinum Group Metals Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Platinum Group Metals 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 Platinum Group Metals Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Platinum Group Metals Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Platinum Group Metals Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Platinum Group Metals Ltd Dividends
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