NovaBay Pharmaceuticals Inc Dividends
The next dividend date for NovaBay Pharmaceuticals 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 NovaBay Pharmaceuticals Inc (NBY)
More About NovaBay Pharmaceuticals Inc
NovaBay Pharmaceuticals, Inc. manufactures and sells wound care products. The company offers hypochlorous acid for use in the cleansing and irrigation of post-surgical wounds, minor burns, and superficial abrasions. It sells its products to its distribution partners in China. The company was formerly known as NovaCal Pharmaceuticals, Inc. and changed its name to NovaBay Pharmaceuticals, Inc. in February 2007. NovaBay Pharmaceuticals, Inc. was incorporated in 2000 and is headquartered in Emeryville, California.
Owning NovaBay Pharmaceuticals Inc Stock on the Dividend Date
If you own NovaBay Pharmaceuticals Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of NovaBay Pharmaceuticals 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 NovaBay Pharmaceuticals Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying NovaBay Pharmaceuticals Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the NovaBay Pharmaceuticals Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More NovaBay Pharmaceuticals Inc Dividends
You can contact us any time if you would like to ask questions about NovaBay Pharmaceuticals Inc dividends or anything else related to the stock market.