ProPhase Labs Inc Dividends
The next dividend date for ProPhase Labs 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 ProPhase Labs Inc (PRPH)
More About ProPhase Labs Inc
ProPhase Labs, Inc. develops and commercializes novel drugs, dietary supplements, and compounds in the United States. It operates through two segments: Diagnostic Services and Consumer Products. The company provides a range of dietary supplements under the TK supplements, including Legendz XL, a male sexual enhancement; and Triple Edge XL, an energy and stamina booster. It also develops BE-Smart Esophageal Pre-Cancer diagnostics screening test for early detection of esophageal cancer; genomics testing technologies to analyze entire genomes, including the genes and chromosomes in deoxyribonucleic acid; DNA Expand, a platform that allows consumers to upload their DNA data from previous DNA tests obtained from other service providers; and LB-1 and LB-2 for the treatment of cancer, inflammatory diseases or symptoms and memory related syndromes, diseases or symptoms, including dementia and Alzheimer's disease. In addition, the company provides a broad range of COVID-19 related clinical diagnostic and testing services, comprising PCR testing for COVID-19, and Influenza A and B, as well as rapid antigen testing for COVID-19. It offers its genome sequencing products to consumers online with plans to sell in food, drug, and mass retail stores. The company was formerly known as The Quigley Corporation. ProPhase Labs, Inc. was founded in 1989 and is headquartered in Garden City, New York.
Owning ProPhase Labs Inc Stock on the Dividend Date
If you own ProPhase Labs Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of ProPhase Labs 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 ProPhase Labs Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying ProPhase Labs Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the ProPhase Labs Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More ProPhase Labs Inc Dividends
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