Protalix Biotherapeutics Inc Dividends
The next dividend date for Protalix Biotherapeutics 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 Protalix Biotherapeutics Inc (PLX)
More About Protalix Biotherapeutics Inc
Protalix BioTherapeutics, Inc., a biopharmaceutical company, engages in the development, production, and commercialization of recombinant therapeutic proteins based on the ProCellEx plant cell-based protein expression system. The company offers Elelyso for the treatment of Gaucher disease; and Elfabrio for the treatment of adult patients with a confirmed diagnosis of Fabry disease. It is also developing PRX-115, a plant cell expressed recombinant PEGylated Uricase, which is in Phase 2 trial for the treatment of gout; and PRX-119, a plant cell expressed PEGylated recombinant human DNase I product candidate for the treatment of neutrophil extracellular traps diseases. The company has agreements and partnerships with Pfizer; Fundação Oswaldo Cruz; and Chiesi Farmaceutici S.p.A. It operates in the United States, Australia, Canada, Israel, Brazil, Russia, and Turkey. The company is headquartered in Hackensack. New Jersey.
Owning Protalix Biotherapeutics Inc Stock on the Dividend Date
If you own Protalix Biotherapeutics Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Protalix Biotherapeutics 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 Protalix Biotherapeutics Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Protalix Biotherapeutics Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Protalix Biotherapeutics Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Protalix Biotherapeutics Inc Dividends
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