Xilio Development Inc Dividends
The next dividend date for Xilio Development 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 Xilio Development Inc (XLO)
More About Xilio Development Inc
Xilio Therapeutics, Inc., a clinical-stage biotechnology company, engages in the discovery and development of tumor-activated immuno-oncology therapies. The company's checkpoint inhibitor program includes XTX101, an investigational Fc-enhanced, tumor-activated anti-CTLA-4 mAb that is in Phase 2 clinical trial for patients with advanced solid tumors. It also develops cytokine programs, which comprises XTX202, a tumor-activated beta-gamma biased IL-2, currently under Phase 2 clinal trials; and XTX301, an investigational tumor-activated, engineered IL-12 molecule, currently under Phase 1 studies. The company was founded in 2016 and is headquartered in Waltham, Massachusetts.
Owning Xilio Development Inc Stock on the Dividend Date
If you own Xilio Development Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Xilio Development 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 Xilio Development Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Xilio Development Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Xilio Development Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Xilio Development Inc Dividends
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