Tactile Systems Technology Inc Dividends
The next dividend date for Tactile Systems Technology 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 Tactile Systems Technology Inc (TCMD)
More About Tactile Systems Technology Inc
Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company also provides Nimbl, a pneumatic compression platform for the treatment of upper extremity lymphedema; Kylee, a mobile application to help patients learn about lymphedema, track their symptoms, and treatment, as well as to share their progress with their doctor; and AffloVest, a portable high frequency chest wall oscillation vest to treat patients with retained pulmonary secretions resulting from bronchiectasis, cystic fibrosis, and various neuromuscular disorders. Tactile Systems Technology, Inc. was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.
Owning Tactile Systems Technology Inc Stock on the Dividend Date
If you own Tactile Systems Technology Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Tactile Systems Technology 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 Tactile Systems Technology Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Tactile Systems Technology Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Tactile Systems Technology Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Tactile Systems Technology Inc Dividends
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