Novavax Inc Dividends
The next dividend date for Novavax 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 Novavax Inc (NVAX)
More About Novavax Inc
Novavax, Inc., a biotechnology company, engages in the discovering, developing, and commercializing vaccines to protect against serious infectious diseases in the United States, Europe, and internationally. The company offers vaccine platform that combines a recombinant protein approach, nanoparticle technology, and its patented Matrix-M adjuvant to enhance the immune response. The company is commercializing a COVID-19 vaccine, NVX-CoV2373 under the brand names of Nuvaxovid, Covovax, and Novavax COVID-19 Vaccine, adjuvanted for adult and adolescent populations as a primary series and for both homologous and heterologous booster indications. It also developing R21/Matrix-M adjuvant malaria vaccine. Novavax, Inc. was incorporated in 1987 and is headquartered in Gaithersburg, Maryland.
Owning Novavax Inc Stock on the Dividend Date
If you own Novavax Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Novavax 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 Novavax Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Novavax Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Novavax Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Novavax Inc Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Novavax Inc stock price from the dividend is already baked into Novavax Inc option prices.
That means the prices of call options that overlap the Novavax Inc ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Novavax Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Novavax Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Novavax Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Novavax Inc Dividends
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