22nd Century Group Inc Dividends
The next dividend date for 22nd Century Group Inc 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 22nd Century Group Inc (XXII)
More About 22nd Century Group Inc
22nd Century Group, Inc., a tobacco products company, manufactures, distributes, and sells proprietary new reduced nicotine tobacco products in the United States. The company offers reduced nicotine content tobacco and very low nicotine combustible cigarette products. It also provides contract manufacturing services for conventional combustible tobacco products for third-party brands, as well as turnkey contract manufacturing of cigarettes and filtered cigars for other established tobacco brands. 22nd Century Group, Inc. was founded in 1998 and is headquartered in Mocksville, North Carolina.
Owning 22nd Century Group Inc Stock on the Dividend Date
If you own 22nd Century Group Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of 22nd Century Group Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of 22nd Century Group Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying 22nd Century Group Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the 22nd Century Group Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More 22nd Century Group Inc Dividends
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