Piedmont Lithium Ltd ADR Dividends
The next dividend date for Piedmont Lithium 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 Piedmont Lithium Ltd ADR (PLL)
More About Piedmont Lithium Ltd ADR
Piedmont Lithium Inc., a development stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,482 acres located within the Carolina Tin-Spodumene Belt situated to the northwest of Charlotte, North Carolina in the United States. It also owns a real property of approximately 5 acres in Bessemer City, North Carolina; and 61 acres property in Kings Mountain, North Carolina. The company was founded in 2016 and is headquartered in Belmont, North Carolina.
Owning Piedmont Lithium Ltd ADR Stock on the Dividend Date
If you own Piedmont Lithium Ltd ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Piedmont Lithium 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 Piedmont Lithium Ltd ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Piedmont Lithium Ltd ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Piedmont Lithium Ltd ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Piedmont Lithium Ltd ADR Dividends
You can contact us any time if you would like to ask questions about Piedmont Lithium Ltd ADR dividends or anything else related to the stock market.