Lexaria Bioscience Corp Dividends
The next dividend date for Lexaria Bioscience 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 Lexaria Bioscience Corp (LEXX)
More About Lexaria Bioscience Corp
Lexaria Bioscience Corp. operates as a biotechnology company. It offers its patented drug delivery-enabling platform technology, DehydraTECH, which combines active pharmaceutical ingredients (APIs) with specific long-chain fatty acid-rich triglyceride oils and carrier compounds that improve the way they enter the bloodstream, increasing their effectiveness and allowing for lower overall dosing for improved tolerability while promoting healthier oral ingestion methods. The company's DehydraTECH is used with a range of active molecules, including glucagon-like peptide-1 drugs (GLP-1) and glucose -dependent insulinotropic polypeptide drugs (GIP), vitamins, pain medications, hormones, phosphodiesterase type 5 (PDE5) inhibitors, antivirals, nicotine and its analogs, and cannabinoids. Its DehydraTECH technology is applied to various therapeutic indications, such as diabetes, weight loss, hypertension, and heart disease; is implemented in a multitude of ingestible or topically administered product formats comprising oral suspensions, tablets, capsules, foods, beverages, creams, lotions, and skin patches; and is suitable for a variety of product formats, including pharmaceuticals, nutraceuticals, over-the-counter products, and consumer packaged goods. The company was formerly known as Lexaria Corp. and changed its name to Lexaria Bioscience Corp. in April 2016. Lexaria Bioscience Corp. was incorporated in 2004 and is headquartered in Kelowna, Canada.
Owning Lexaria Bioscience Corp Stock on the Dividend Date
If you own Lexaria Bioscience Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Lexaria Bioscience 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 Lexaria Bioscience Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Lexaria Bioscience Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Lexaria Bioscience Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Lexaria Bioscience Corp Dividends
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