Avidity Biosciences Inc Dividends
The next dividend date for Avidity Biosciences 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 Avidity Biosciences Inc (RNA)
More About Avidity Biosciences Inc
Avidity Biosciences, Inc., a biopharmaceutical company, engages in the delivery of RNA therapeutics called antibody oligonucleotide conjugates (AOCs). Its AOC platform is designed to combine the specificity of monoclonal antibodies with the precision of RNA therapeutics to target the root cause of diseases previously untreatable with such therapeutics. The company's pipeline has three programs in registrational clinical trials, such as Delpacibart etedesiran, which is in Phase 3 development stage for the treatment of people with myotonic dystrophy type 1; Delpacibart braxlosiran that is in Phase 1/2 development stage for treating facioscapulohumeral muscular dystrophy; and Delpacibart zotadirsen, which is in the Phase 2 EXPLORE44 open-label extension study for the treatment of Duchenne muscular dystrophy. The company is also developing precision cardiology candidates targeting rare genetic cardiomyopathies, including AOC 1086 for phospholamban cardiomyopathy and AOC 1072 for protein kinase AMP-activated non-catalytic subunit gamma 2 syndrome. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.
Owning Avidity Biosciences Inc Stock on the Dividend Date
If you own Avidity Biosciences Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Avidity Biosciences 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 Avidity Biosciences Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Avidity Biosciences Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Avidity Biosciences Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Avidity Biosciences Inc Dividends
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