Cedears not only allow you to dollarize an investment portfolio, but some of them also pay dividends. In this article, we will look at which companies will pay dividends in the coming weeks.
Cedears: one by one, all the companies that pay dividends in August
Courtesy: TSA Stock Exchange
The Cedears are Actions mirror of Companies listed abroad can be purchased in pesos and their price is tied to the dollar Cash with Settlement. Some of these companies, in addition, pay dividends in dollars, hence The investor can earn an income just by having these assets in your portfolio.
Cedears: which companies pay dividends?
Dividends can offset the price of a share which does not move much, instead providing shareholders with an income.
The Companies considered ‘high growth’ generally do not offer dividends, since they reinvest profits to maintain their growth by expanding the business. In this case, the reward for shareholders is a higher than expected share price.
How do you know when dividends are paid?
The only requirement to receive dividends in a company is to have actions of the same on a certain date and that also applies to ETFs (Exchange Traded Funds).
In the case of Argentina, local market shares and those who have Cedears will be able to observe the dividend calendar through OpenBYMA Data or through the National Securities Commission (CNV) where companies communicate to their shareholders the payment of dividends and other important news for the company. Also, some Clearing and Settlement Agents (ALyC) usually inform investors about company announcements.
There are four important dates to keep in mind:
- Statement date: is the date on which the amount of the dividend is announced.
- Registration date: It indicates that all shareholders registered on that date will have the right to receive dividends.
- Ex-dividend date: It is the date from which the share is listed without giving the right to receive the dividend to its holder.
- Payment date: It is the day on which dividends are paid to shareholders.
Cedears: which companies pay dividends in July?
- Bradesco Bank – date ex dividend 3/7; Payment date 08/08
- American Express – date ex dividend 5/7; Payment date 9/08
- Bank of America – date ex dividend 31/07; Payment date 15/08
- Morgan Stanley – date ex dividend 31/07; Payment date 15/08
- Delta Air Lines – date ex dividend 30/07; Payment date 20/08
- Citigroup – date ex dividend 5/8; Payment date 23/08
- AstraZeneca – date ex dividend 9/8; Payment date 9/09
Source: Ambito
