IRCP stock is tracking at 13.58 with a $3.86 dividend

IRSA Propiedades Comerciales SA?

I don't know them, so my answer is generic to these kinds of questions. You may already some of this stuff

1- The stock price will drop by that amount (3.86).

2- it has run up from the 9s to where it's at now since the dividend was announced. So you may have a further fall once it's distributed.

3- even if you're kept whole in the short term, tax implications.


So in sum, tread carefully. There's no free lunch.

Nov 17,2020 - STOCK PRICE INCREASE: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 11-17-2020 increased stock price > 10% from $9.42 to $11.05
Nov 03,2020 - STOCK PRICE INCREASE: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 11-03-2020 increased stock price > 10% from $8.00 to $8.99
May 15,2020 - 52 WEEK LOW: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 05-15-2020 hit a 52 week low of $5.45
Apr 22,2020 - CLOSE PRICE DECREASE: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 04-22-2020 decreased close price > 10% from $6.92 to $6.07
Apr 03,2020 - CLOSE PRICE DECREASE: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 04-03-2020 decreased close price > 10% from $7.00 to $6.10
Mar 19,2020 - 52 WEEK LOW: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 03-19-2020 hit a 52 week low of $7.50
Mar 19,2020 - CLOSE PRICE DECREASE: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 03-19-2020 decreased close price > 10% from $9.60 to $7.50
Mar 13,2020 - CLOSE PRICE DECREASE: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 03-13-2020 decreased close price > 10% from $11.06 to $8.80
Mar 10,2020 - CLOSE PRICE DECREASE: ADR (Sponsored)/IRSA Propiedades Comerciales SA (NASDAQ: IRCP) on 03-10-2020 decreased close price > 10% from $12.41 to $11.11