Arcutis Biotherapeutics Inc Dividends
The next dividend date for Arcutis Biotherapeutics 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 Arcutis Biotherapeutics Inc (ARQT)
More About Arcutis Biotherapeutics Inc
Arcutis Biotherapeutics, Inc., a biopharmaceutical company, focuses on developing and commercializing treatments for dermatological diseases. Its lead product is ZORYVE, a topical roflumilast cream for the treatment of plaque psoriasis and atopic dermatitis. The company is also developing ARQ-154, a topical ZORYVE foam for the treatment of scalp and body psoriasis and seborrheic dermatitis; ARQ-255, a selective small molecule inhibitor of JAK1 for the treatment of alopecia areata; ARQ-252, a JAK1-selective topical cream in development for hand eczema and vitiligo; and ARQ-234, a CD200R fusion protein for the treatment of atopic dermatitis. The company was formerly known as Arcutis, Inc. and changed its name to Arcutis Biotherapeutics, Inc. in October 2019. Arcutis Biotherapeutics, Inc. was incorporated in 2016 and is headquartered in Westlake Village, California.
Owning Arcutis Biotherapeutics Inc Stock on the Dividend Date
If you own Arcutis Biotherapeutics Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Arcutis Biotherapeutics 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 Arcutis Biotherapeutics Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Arcutis Biotherapeutics Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Arcutis Biotherapeutics Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Arcutis Biotherapeutics Inc Dividends
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