Ternium SA ADR Dividends
The next dividend date for Ternium SA 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 Ternium SA ADR (TX)
More About Ternium SA ADR
Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. The company operates through two segments, Steel and Mining. The Steel segment offers slabs, heavy plates, hot and cold rolled products, coated products, stamped steel parts for the automotive industry, roll-formed and tubular products, billets, bars, and other products, including sales of energy. Its Mining segment sells iron ore and pellets. The company also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
Owning Ternium SA ADR Stock on the Dividend Date
If you own Ternium SA ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Ternium SA 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 Ternium SA ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Ternium SA ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Ternium SA ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Ternium SA ADR Dividends
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