Oncolytics Biotech Inc Dividends
The next dividend date for Oncolytics Biotech 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 Oncolytics Biotech Inc (ONCY)
More About Oncolytics Biotech Inc
Oncolytics Biotech Inc., a clinical-stage biopharmaceutical company, engages in the research, development, and commercialization of oncology treatments. The company develops pelareorep, an intravenously delivered immunotherapeutic agent for the treatment of hormone receptor-positive / human epidermal growth factor 2-negative advanced and metastatic breast cancer, metastatic pancreatic ductal adenocarcinoma, and anal cancer. It has an agreement with Roche Holding AG to supply its immune checkpoint inhibitors, atezolizumab, for use in its ongoing sponsored studies. Oncolytics Biotech Inc. was incorporated in 1998 and is headquartered in Calgary, Canada.
Owning Oncolytics Biotech Inc Stock on the Dividend Date
If you own Oncolytics Biotech Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Oncolytics Biotech 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 Oncolytics Biotech Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Oncolytics Biotech Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Oncolytics Biotech Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Oncolytics Biotech Inc Dividends
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