Evotec SE ADR Dividends
The next dividend date for Evotec SE 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 Evotec SE ADR (EVO)
More About Evotec SE ADR
Evotec SE operates as a drug discovery and development company in the United States, Germany, France, the United Kingdom, Switzerland, and internationally. It operates in two segments, Shared R&D and Just " Evotec Biologics. The company is developing pharmaceutical products in various therapeutic areas, such as oncology, autoimmune, cancer, diabetes, heart failure, immunology, pain and inflammation, infectious, kidney, liver, respiratory, fibrotic and metabolic disease, and rare diseases; central nervous system (CNS) and cardiometabolic diseases; and animal and women health. The company has collaboration agreements with Mass General Brigham and Joslin Diabetes Center focusing on cardiometabolic diseases; BMS antiviral; Novo Nordisk cell therapy; University of Oxford; German Cancer Research Center; University Hospital in Hamburg; University of Toronto, Harvard, and Yale; Johns Hopkins University; Ospedale San Raffaele (OSR); and National University of Singapore. It has a partnership with LAB282, LAB150, beLAB2122, beLAB1407, LAB eN², Danube Labs, VC Amplitude Ventures, LaB eN2, and 65LAB. The company serves pharma and biotechnology companies, academic institutions, patient advocacy groups, and venture capital. The company was formerly known as Evotec AG and changed its name to Evotec SE in April 2019. Evotec SE was incorporated in 1993 and is headquartered in Hamburg, Germany.
Owning Evotec SE ADR Stock on the Dividend Date
If you own Evotec SE ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Evotec SE 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 Evotec SE ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Evotec SE ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Evotec SE ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Evotec SE ADR Dividends
You can contact us any time if you would like to ask questions about Evotec SE ADR dividends or anything else related to the stock market.