Iterum Therapeutics PLC Dividends
The next dividend date for Iterum Therapeutics PLC 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 Iterum Therapeutics PLC (ITRM)
More About Iterum Therapeutics PLC
Iterum Therapeutics plc, a pharmaceutical company, develops and commercializes treatments for drug resistant bacterial infections in Ireland, Bermuda, and the United States. The company offers ORLYNVAH, an oral penem antibiotic for the treatment of uncomplicated urinary tract infections caused by Escherichia coli, Klebsiella pneumoniae, and Proteus mirabilis microorganisms in adult women with limited or no alternative oral antibacterial treatment options. It is also developing sulopenem, a novel anti-infective compound with oral and intravenous formulations to treat uncomplicated urinatry tract infections, complicated urinary tract infections, and complicated intra-abdominal infections, as well as community-acquired bacterial pneumonia, acute bacterial prostatitis, gonococcal urethritis, and pelvic inflammatory diseases. Iterum Therapeutics plc was incorporated in 2015 and is headquartered in Dublin, Ireland.
Owning Iterum Therapeutics PLC Stock on the Dividend Date
If you own Iterum Therapeutics PLC stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Iterum Therapeutics PLC stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Iterum Therapeutics PLC stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Iterum Therapeutics PLC stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Iterum Therapeutics PLC dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Iterum Therapeutics PLC Dividends
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