Acurx Pharmaceuticals LLC Dividends
The next dividend date for Acurx Pharmaceuticals LLC 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 Acurx Pharmaceuticals LLC (ACXP)
More About Acurx Pharmaceuticals LLC
Acurx Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, develops antibiotics to treat bacterial infections in the United States. The company's lead antibiotic candidate is ibezapolstat, a novel mechanism of action that targets the polymerase IIIC enzyme that is in Phase 2b clinical trial to treat patients with clostridium difficile infections. It also develops ACX-375C, a potential oral and parenteral treatment targeting gram-positive bacteria, including methicillin-resistant staphylococcus aureus, vancomycin-resistant enterococcus, and penicillin-resistant streptococcus pneumonia; and CCP, multiple product candidates for gram-positive infections. Acurx Pharmaceuticals, Inc. was incorporated in 2017 and is headquartered in Staten Island, New York.
Owning Acurx Pharmaceuticals LLC Stock on the Dividend Date
If you own Acurx Pharmaceuticals LLC stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Acurx Pharmaceuticals LLC stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Acurx Pharmaceuticals LLC stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Acurx Pharmaceuticals LLC stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Acurx Pharmaceuticals LLC dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Acurx Pharmaceuticals LLC Dividends
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