Teck Resources Ltd Class B Dividends
The next dividend date for Teck Resources Ltd Class B 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 Teck Resources Ltd Class B (TECK)
More About Teck Resources Ltd Class B
Teck Resources Limited engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe. The company operates through Copper and Zinc segments. It offers copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. The company also produces lead, precious metals, molybdenum, fertilizers, and other metals; and sells refined metals or concentrates. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is based in Vancouver, Canada.
Owning Teck Resources Ltd Class B Stock on the Dividend Date
If you own Teck Resources Ltd Class B stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Teck Resources Ltd Class B stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Teck Resources Ltd Class B stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Teck Resources Ltd Class B stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Teck Resources Ltd Class B dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Teck Resources Ltd Class B Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Teck Resources Ltd Class B stock price from the dividend is already baked into Teck Resources Ltd Class B option prices.
That means the prices of call options that overlap the Teck Resources Ltd Class B ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Teck Resources Ltd Class B ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Teck Resources Ltd Class B call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Teck Resources Ltd Class B put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Teck Resources Ltd Class B Dividends
You can contact us any time if you would like to ask questions about Teck Resources Ltd Class B dividends or anything else related to the stock market.