Centessa Pharmaceuticals PLC ADR Dividends
The next dividend date for Centessa Pharmaceuticals PLC ADR 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 Centessa Pharmaceuticals PLC ADR (CNTA)
More About Centessa Pharmaceuticals PLC ADR
Centessa Pharmaceuticals plc, a clinical-stage pharmaceutical company, discovers, develops, and delivers medicines. Its lead clinical-stage program includes ORX750, an orally administered OX2R agonist in a Phase 2a study for the treatment of idiopathic hypersomnia and narcolepsy type 1 and 2. The company also develops ORX142 for the treatment of neurological and neurodegenerative disorders, as well as other potential symptoms, including excessive daytime sleepiness, impaired attention, cognitive deficits, and fatigue; and ORX489 for the treatment of neuropsychiatric disorders. In addition, it offers LockBody, which is designed to selectively drive potent effector function activity, such as CD3, into the tumor microenvironment. Centessa Pharmaceuticals plc was incorporated in 2020 and is headquartered in Altrincham, the United Kingdom.
Owning Centessa Pharmaceuticals PLC ADR Stock on the Dividend Date
If you own Centessa Pharmaceuticals PLC ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Centessa Pharmaceuticals PLC ADR stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Centessa Pharmaceuticals PLC ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Centessa Pharmaceuticals PLC ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Centessa Pharmaceuticals PLC ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Centessa Pharmaceuticals PLC ADR Dividends
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