Ontrak Inc Dividends
The next dividend date for Ontrak 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 Ontrak Inc (OTRK)
More About Ontrak Inc
Ontrak, Inc. operates as a value-based behavioral healthcare company in the United States. The company's program predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages and guides them to and through the care and treatment they need. Its technology-enabled solutions are designed to provide healthcare solutions to members with behavioral conditions that cause or exacerbate chronic medical conditions, such as diabetes, hypertension, coronary artery disease, chronic obstructive pulmonary disease, and congestive heart failure. The company's solution includes Wholehealth+ that enables identifying, engaging, and treating these members through its technology-enabled program that focuses on the intersection between behavioral health, physical health, and social health. The company was formerly known as Catasys, Inc. and changed its name to Ontrak, Inc. in July 2020. Ontrak, Inc. is headquartered in Miami, Florida.
Owning Ontrak Inc Stock on the Dividend Date
If you own Ontrak Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Ontrak 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 Ontrak Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Ontrak Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Ontrak Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Ontrak Inc Dividends
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