Verona Pharma PLC ADR Dividends
The next dividend date for Verona Pharma PLC ADR 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 Verona Pharma PLC ADR (VRNA)
More About Verona Pharma PLC ADR
Verona Pharma plc, a biopharmaceutical company, focuses on development and commercialization of therapies for the treatment of respiratory diseases with unmet medical needs. The company offers Ohtuvayre, a dual inhibitor of the phosphodiesterase (PDE) 3 and PDE4 enzymes that combines bronchodilator and non-steroidal anti-inflammatory effects for the maintenance treatment of chronic obstructive pulmonary disease, as well as cystic fibrosis and asthma. Verona Pharma plc was incorporated in 2005 and is headquartered in London, the United Kingdom.
Owning Verona Pharma PLC ADR Stock on the Dividend Date
If you own Verona Pharma PLC ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Verona Pharma PLC ADR stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Verona Pharma PLC ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Verona Pharma PLC ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Verona Pharma PLC ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Verona Pharma PLC ADR Dividends
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