Telomir Pharmaceuticals, Inc. Common Stock Dividends
The next dividend date for Telomir Pharmaceuticals, 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 Telomir Pharmaceuticals, Inc. Common Stock (TELO)
More About Telomir Pharmaceuticals, Inc. Common Stock
Telomir Pharmaceuticals, Inc., a preclinical-stage biotechnology company, focuses on reversing biological aging and degenerative diseases. It is developing Telomir-1, an oral small molecule metal ion regulator designed to protect against age-related conditions, including Progeria, Wilson's disease, and age-related macular degeneration (amd), as well as type 2 diabetes, cancer, and Alzheimer's disease. The company was formerly known as Metallo Therapies Inc. and changed its name to Telomir Pharmaceuticals, Inc. in October 2022. Telomir Pharmaceuticals, Inc. was incorporated in 2021 and is headquartered in Miami, Florida.
Owning Telomir Pharmaceuticals, Inc. Common Stock Stock on the Dividend Date
If you own Telomir Pharmaceuticals, Inc. Common Stock stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Telomir Pharmaceuticals, 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 Telomir Pharmaceuticals, Inc. Common Stock stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Telomir Pharmaceuticals, Inc. Common Stock stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Telomir Pharmaceuticals, 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 Telomir Pharmaceuticals, Inc. Common Stock Dividends
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