Cullinan Oncology LLC Dividends
The next dividend date for Cullinan Oncology 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 Cullinan Oncology LLC (CGEM)
More About Cullinan Oncology LLC
Cullinan Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops therapies for autoimmune diseases and cancer in the United States. The company develops zipalertinib, a bioavailable small molecule in Phase 3 trial for the treatment of patients with non-small cell lung cancer; CLN-978, a T cell engager to treat systemic lupus erythematosus and rheumatoid arthritis; and CLN-619, a monoclonal antibody in Phase 1 trial for the treatment of solid tumors and multiple myeloma. Its development products also include CLN-049, a humanized bispecific antibody in Phase 1 trial for the treatment of acute myeloid leukemia (AML) or myelodysplastic syndrome, as well as measurable residual disease positive AML; and CLN-617, a fusion protein in Phase 1 trial for the treatment of solid tumors. It has a collaboration agreement with Adimab, LLC to discover and/or optimize antibodies; and co-development agreement with Taiho Pharmaceutical Co., Ltd to develop zipalertinib. The company was formerly known as Cullinan Oncology, Inc. and changed its name to Cullinan Therapeutics, Inc. in April 2024. Cullinan Therapeutics, Inc. was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.
Owning Cullinan Oncology LLC Stock on the Dividend Date
If you own Cullinan Oncology LLC stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cullinan Oncology 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 Cullinan Oncology LLC stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cullinan Oncology LLC stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cullinan Oncology LLC dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cullinan Oncology LLC Dividends
You can contact us any time if you would like to ask questions about Cullinan Oncology LLC dividends or anything else related to the stock market.