Dynavax Technologies Corporation Dividends
The next dividend date for Dynavax Technologies Corporation 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 Dynavax Technologies Corporation (DVAX)
More About Dynavax Technologies Corporation
Dynavax Technologies Corporation, a commercial stage biopharmaceutical company, focuses on developing and commercializing vaccines in the United States and internationally. The company offers HEPLISAV-B, a hepatitis B vaccine for prevention of infection caused by all known subtypes of hepatitis B virus in adults aged 18 years and older; and CpG 1018, the adjuvant used in HEPLISAV-B. It also develops rF1V, a plague vaccine candidate in Phase 2 clinical trial; and Z-1018, an investigational vaccine candidate in Phase 1/2 clinical trial for the prevention of shingles in adults aged 50 years and older, as well as HEPLISAV-B for adults on hemodialysis. The company sells its products to hospitals and clinics, integrated delivery networks, public health clinics and prisons, the Department of Defense, the Department of Veterans Affairs, and retail pharmacies through wholesalers and specialty distributors. It has a collaboration agreement with the U.S. Department of Defense; Coalition for Epidemic Preparedness Innovations; Zhejiang Clover Biopharmaceuticals, Inc.; Clover Biopharmaceuticals (Hong Kong) Co., Limited; and Biological E. Limited. The company was formerly known as Double Helix Corporation and changed its name to Dynavax Technologies Corporation in September 1996. Dynavax Technologies Corporation was incorporated in 1996 and is headquartered in Emeryville, California.
Owning Dynavax Technologies Corporation Stock on the Dividend Date
If you own Dynavax Technologies Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Dynavax Technologies Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Dynavax Technologies Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Dynavax Technologies Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Dynavax Technologies Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Dynavax Technologies Corporation Dividends
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