Kymera Therapeutics Inc Dividends
The next dividend date for Kymera Therapeutics 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 Kymera Therapeutics Inc (KYMR)
More About Kymera Therapeutics Inc
Kymera Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on discovering and developing small molecule therapeutics that selectively degrade disease-causing proteins by harnessing the body's own natural protein degradation system. It engages in developing IRAK4 program, which is in Phase II clinical trial for the treatment of immunology-inflammation diseases, including hidradenitis suppurativa and atopic dermatitis. The company also develops STAT6, a type 2 inflammation in allergic and atopic diseases; and TYK2 to treat autoimmune and inflammatory diseases. The company has a strategic alliance with Sanofi S.A. for the development of drug candidates targeting IRAK4 outside of the oncology and immuno-oncology fields. Kymera Therapeutics, Inc. was incorporated in 2015 and is headquartered in Watertown, Massachusetts.
Owning Kymera Therapeutics Inc Stock on the Dividend Date
If you own Kymera Therapeutics Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Kymera Therapeutics 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 Kymera Therapeutics Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Kymera Therapeutics Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Kymera Therapeutics Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Kymera Therapeutics Inc Dividends
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