Anavex Life Sciences Corp Dividends
The next dividend date for Anavex Life Sciences Corp 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 Anavex Life Sciences Corp (AVXL)
More About Anavex Life Sciences Corp
Anavex Life Sciences Corp. operates as a biopharmaceutical company. It engages in developing innovative treatments for Alzheimer's disease, Parkinson's disease, schizophrenia, neurodevelopmental, neurodegenerative, and rare diseases, including Rett syndrome, and other central nervous system (CNS) disorders, pain, and various types of cancer . Its lead drug candidate, ANAVEX 2-73 (blarcamesine), has completed a Phase 2a and a Phase 2b/3 clinical trial for Alzheimer's disease; a Phase 2 proof-of-concept study in Parkinson's disease dementia; and a Phase 2 and a Phase 3 study in adult patients and one Phase 2/3 study in pediatric patients with Rett syndrome. Its ANAVEX 2-73 is an orally available drug candidate designed to restore cellular homeostasis by targeting SIGMAR1 and muscarinic receptors. The ANAVEX 2-73 also exhibited anticonvulsant, anti-amnesic, neuroprotective, and anti-depressant properties in animal models, indicating its potential to treat additional CNS disorders, including epilepsy. The company's ANAVEX 3-71, which targets SIGMAR1 and M1 muscarinic receptors, is a clinical stage drug candidate demonstrating disease-modifying activity against Alzheimer's disease in transgenic (3xTg-AD) mice, including cognitive deficits, amyloid, and tau pathologies. Anavex Life Sciences Corp. was incorporated in 2004 and is headquartered in New York, New York.
Owning Anavex Life Sciences Corp Stock on the Dividend Date
If you own Anavex Life Sciences Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Anavex Life Sciences Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Anavex Life Sciences Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Anavex Life Sciences Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Anavex Life Sciences Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Anavex Life Sciences Corp Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Anavex Life Sciences Corp stock price from the dividend is already baked into Anavex Life Sciences Corp option prices.
That means the prices of call options that overlap the Anavex Life Sciences Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Anavex Life Sciences Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Anavex Life Sciences Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Anavex Life Sciences Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Anavex Life Sciences Corp Dividends
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