Cytokinetics Inc Dividends
The next dividend date for Cytokinetics 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 Cytokinetics Inc (CYTK)
More About Cytokinetics Inc
Cytokinetics, Incorporated, a late-stage biopharmaceutical company, focuses on discovering, developing, and commercializing muscle activators and inhibitors as potential treatments for debilitating diseases in the United States. The company develops small molecule drug candidates primarily engineered to impact muscle function and contractility. Its drug candidates include omecamtiv mecarbil, a novel cardiac myosin activator that is in Phase III clinical trial in patients with heart failure. It also develops CK- 089, a fast skeletal muscle troponin activator that is in Phase I clinical trial; CK-586, a small molecule cardiac myosin inhibitor, that is in Phase II clinical trial; and aficamten, a novel, oral, small molecule cardiac myosin inhibitor which is in Phase III clinical trial discovered for the treatment of hypertrophic cardiomyopathy. It has a strategic alliance with Ji Xing Pharmaceuticals Limited; and a collaboration and license agreement for the development and commercialization of aficamten in Japan for the treatment of patients with obstructive and non-obstructive hypertrophic cardiomyopathy. Cytokinetics, Incorporated was incorporated in 1997 and is headquartered in South San Francisco, California.
Owning Cytokinetics Inc Stock on the Dividend Date
If you own Cytokinetics Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cytokinetics 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 Cytokinetics Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cytokinetics Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cytokinetics Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cytokinetics Inc Dividends
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