Pasithea Therapeutics Corp Dividends
The next dividend date for Pasithea Therapeutics Corp 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 Pasithea Therapeutics Corp (KTTA)
More About Pasithea Therapeutics Corp
Pasithea Therapeutics Corp., a clinical-stage biotechnology company, focuses on the discovery, research, and development of treatments for central nervous system (CNS) disorders, RASopathies, and cancers. Its lead product candidate is PAS-004, a next-generation macrocyclic mitogen-activated protein kinase, or MEK inhibitor to treat a range of RASopathies, including neurofibromatosis type 1 (NF1); MAPK pathway-driven tumors, such as BRAFv600 and BRAF fusion tumors; and ETS2 driven diseases, including inflammatory bowel disease (IBD), primary sclerosing cholangitis, and ankylosing spondylitis. The company's lead development candidate is PAS-003, to treat amyotrophic lateral sclerosis. It also intends to develop PAS-001, to treat schizophrenia. Pasithea Therapeutics Corp. was incorporated in 2020 and is headquartered in Miami Beach, Florida.
Owning Pasithea Therapeutics Corp Stock on the Dividend Date
If you own Pasithea Therapeutics Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Pasithea Therapeutics Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Pasithea Therapeutics Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Pasithea Therapeutics Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Pasithea Therapeutics Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Pasithea Therapeutics Corp Dividends
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