Galapagos NV ADR Dividends
The next dividend date for Galapagos NV 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 Galapagos NV ADR (GLPG)
More About Galapagos NV ADR
Galapagos NV, a biotechnology company, develops medicines focusing on oncology and immunology primarily in the United States and Europe. The company's pipeline products comprise GLPG3667 that has completed phase 1b trial; GLPG5101, a CD19 CAR-T product candidate manufactured at point-of-care, currently in Phase1/2 trial in relapsed/refractory non-hodgkin lymphoma; GLPG5201, a CD19 CAR-T product candidates manufactured at point-of-care, currently in phase 1/2 trial in replapsed/refractory chronic lymphocytic leukemia; and GLPG5301, a BCMA CAR-T product candidate manufactured at point-of-care, currently in phase 1/2 in relapsed/refractory multiple myeloma. The company has collaboration agreements with Gilead Sciences, Inc.; and AbbVie S.à r.l. The company was incorporated in 1999 and is headquartered in Mechelen, Belgium.
Owning Galapagos NV ADR Stock on the Dividend Date
If you own Galapagos NV ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Galapagos NV 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 Galapagos NV ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Galapagos NV ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Galapagos NV ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Galapagos NV ADR Dividends
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