Cogent Biosciences Inc Dividends
The next dividend date for Cogent Biosciences 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 Cogent Biosciences Inc (COGT)
More About Cogent Biosciences Inc
Cogent Biosciences, Inc., a biotechnology company, focuses on developing precision therapies for genetically defined diseases. Its lead product candidate includes bezuclastinib (CGT9486), a selective tyrosine kinase inhibitor in Phase 3 trial designed to target mutations within the KIT receptor tyrosine kinase, including KIT D816V mutation that drives systemic mastocytosis, as well as other mutations in KIT exon 17, which are found in patients with advanced gastrointestinal stromal tumors. The company also develops CGT4859, a reversible and selective fibroblast growth factor receptor 2 inhibitor in Phase 1 trial for patients with documented FGFR mutations, including advanced cholangiocarcinoma. It has a licensing agreement with Plexxikon Inc. for the research, development, and commercialization of bezuclastinib. Cogent Biosciences, Inc. is headquartered in Waltham, Massachusetts.
Owning Cogent Biosciences Inc Stock on the Dividend Date
If you own Cogent Biosciences Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cogent Biosciences 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 Cogent Biosciences Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cogent Biosciences Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cogent Biosciences Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cogent Biosciences Inc Dividends
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