Aldeyra The Dividends
The next dividend date for Aldeyra The 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 Aldeyra The (ALDX)
More About Aldeyra The
Aldeyra Therapeutics, Inc., a biotechnology company, discovers and develops therapies designed to treat immune-mediated and metabolic diseases. Its lead product candidate is reproxalap, a reactive aldehyde species (RASP) modulator, which is in Phase III clinical trial for the treatment of dry eye disease and allergic conjunctivitis; and ADX-2191, a dihydrofolate reductase inhibitor for the treatment retinitis pigmentosa. The company also develops ADX-629, an orally administered RASP modulator that is in Phase 2 clinical trials for the treatment of COVID-19, atopic asthma, psoriasis, and alcohol intoxication. In addition, it develops preclinical RASP platform, including ADX 248, ADX 743, ADX 631, ADX 246, and other product candidates in development for inflammatory and metabolic diseases. The company was formerly known as Aldexa Therapeutics, Inc. and changed its name to Aldeyra Therapeutics, Inc. in March 2014. Aldeyra Therapeutics, Inc. was incorporated in 2004 and is based in Lexington, Massachusetts.
Owning Aldeyra The Stock on the Dividend Date
If you own Aldeyra The stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Aldeyra The stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Aldeyra The stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Aldeyra The stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Aldeyra The dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Aldeyra The Dividends
You can contact us any time if you would like to ask questions about Aldeyra The dividends or anything else related to the stock market.