Prime Medicine, Inc. Common Stock Dividends
The next dividend date for Prime Medicine, Inc. Common Stock 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 Prime Medicine, Inc. Common Stock (PRME)
More About Prime Medicine, Inc. Common Stock
Prime Medicine, Inc., a biotechnology company, engages in delivering genetic therapies to address the spectrum of diseases by deploying gene editing technology in the United States. It offers Prime Editing technology comprising a programmable DNA binding domains, such as Cas domains, are typically modified such that they do not cause a double-stranded break in the DNA, as well as a RT domain that copies the edited DNA sequence directly into the target genomic site where the edit is made; and pegRNA which contains a search sequence, also known as a spacer, which provides a target genomic address for the Prime Editor. The company has a research collaboration with Cimeio Therapeutics to develop Prime Edited Shielded-Cell & Immunotherapy Pairs for genetic diseases, acute myeloid leukemia, and myelodysplastic syndrome. Prime Medicine, Inc. was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.
Owning Prime Medicine, Inc. Common Stock Stock on the Dividend Date
If you own Prime Medicine, Inc. Common Stock stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Prime Medicine, Inc. Common Stock stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Prime Medicine, Inc. Common Stock stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Prime Medicine, Inc. Common Stock stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Prime Medicine, Inc. Common Stock dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Prime Medicine, Inc. Common Stock Dividends
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