Corcept Therapeutics Incorporated Dividends
The next dividend date for Corcept Therapeutics Incorporated 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 Corcept Therapeutics Incorporated (CORT)
More About Corcept Therapeutics Incorporated
Corcept Therapeutics Incorporated engages in discovery and development of medication for the treatment of severe endocrinologic, oncologic, metabolic, and neurologic disorders in the United States. It offers Korlym tablets medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous cushing's syndrome; and who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery. The company is also developing relacorilant, which is in phase III clinical trial for the treatment of hypercortisolism; relacorilant combined with nab-paclitaxel which is in phase III clinical trial to treat platinum-resistant ovarian tumors; treatment for adrenal cancer and cortisol excess which is in phase 1b clinical trial; and for treatment for prostate cancer which is in phase II clinical trial. In addition, it develops dazucorilant, which is in phase II clinical trial for the treatment of amyotrophic lateral sclerosis; and miricorilant, which is in phase IIb trial for the treatment of metabolic dysfunction-associated steatohepatitis. The company was incorporated in 1998 and is headquartered in Redwood City, California.
Owning Corcept Therapeutics Incorporated Stock on the Dividend Date
If you own Corcept Therapeutics Incorporated stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Corcept Therapeutics Incorporated stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Corcept Therapeutics Incorporated stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Corcept Therapeutics Incorporated stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Corcept Therapeutics Incorporated dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Corcept Therapeutics Incorporated Dividends
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