Lifecore Biomedical Inc. Dividends
The next dividend date for Lifecore Biomedical 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 Lifecore Biomedical Inc. (LFCR)
More About Lifecore Biomedical Inc.
Lifecore Biomedical, Inc., together with its subsidiaries, operates as an integrated contract development and manufacturing organization in the United States. The company engages in the manufacturing of hyaluronate acid (HA) in bulk form, as well as formulated and filled syringes, cartridges, and vials for injectable products used in treating a range of medical conditions and procedures. Its product development services include analytical method development and validation, formulation development, sterile filtration, process scale-up, pilot studies, stability studies, process validation, and production of materials for clinical studies. The company was formerly known as Landec Corporation and changed its name to Lifecore Biomedical, Inc. in November 2022. Lifecore Biomedical, Inc. was founded in 1965 and is headquartered in Chaska, Minnesota.
Owning Lifecore Biomedical Inc. Stock on the Dividend Date
If you own Lifecore Biomedical Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Lifecore Biomedical 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 Lifecore Biomedical Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Lifecore Biomedical Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Lifecore Biomedical Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Lifecore Biomedical Inc. Dividends
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