Cidara Therapeutics Inc Dividends
The next dividend date for Cidara Therapeutics 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 Cidara Therapeutics Inc (CDTX)
More About Cidara Therapeutics Inc
Cidara Therapeutics, Inc. operates as a biotechnology company that focuses on developing targeted therapies for patients facing cancers and other serious diseases. The company's product includes rezafungin acetate, a novel molecule in the echinocandin class of antifungals for the treatment and prevention of invasive fungal infections, including candidemia and invasive candidiasis, which are fungal infections associated with high mortality rates. It also develops its Cloudbreak platform that enables development of novel drug-Fc conjugates, that includes CD388, a potent antiviral designed to deliver universal prevention and treatment of seasonal and pandemic influenza, which is in Phase 1 and Phase 2a clinical trials. The company was formerly known as K2 Therapeutics, Inc. and changed its name to Cidara Therapeutics, Inc. in July 2014. Cidara Therapeutics, Inc. was incorporated in 2012 and is based in San Diego, California.
Owning Cidara Therapeutics Inc Stock on the Dividend Date
If you own Cidara Therapeutics Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cidara Therapeutics 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 Cidara Therapeutics Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cidara Therapeutics Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cidara Therapeutics Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cidara Therapeutics Inc Dividends
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