GT Biopharma Inc Dividends
The next dividend date for GT Biopharma 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 GT Biopharma Inc (GTBP)
More About GT Biopharma Inc
GT Biopharma, Inc., a clinical stage biopharmaceutical company, engages in the development and commercialization of immuno-oncology products based on its proprietary Tri-specific Killer Engager (TriKE) and Tetra-specific Killer Engager (Dual Targeting TriKE) fusion protein immune cell engager technology platforms. It develops GTB-3650, which is in preclinical studies that target CD33 on the surface of myeloid leukemias and an agonistic camelid; GTB-5550 that targets B7-H3 on the surface of advanced solid tumors; and GTB-7550, a product candidate in development for the treatment of lupus and other autoimmune disorders. The company was formerly known as OXIS International, Inc. and changed its name to GT Biopharma, Inc. in July 2017. GT Biopharma, Inc. was incorporated in 1965 and is based in San Francisco, California.
Owning GT Biopharma Inc Stock on the Dividend Date
If you own GT Biopharma Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of GT Biopharma 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 GT Biopharma Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying GT Biopharma Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the GT Biopharma Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More GT Biopharma Inc Dividends
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