Can you sell cryptocurrency on the ex-dividend date and still receive the dividend?

Is it possible to sell cryptocurrency on the ex-dividend date and still receive the dividend? I'm curious to know if selling the cryptocurrency before the dividend is paid out would affect the eligibility to receive the dividend. Can someone shed some light on this?

3 answers
- No, selling cryptocurrency on the ex-dividend date would typically make you ineligible to receive the dividend. The ex-dividend date is the date on which the buyer of the cryptocurrency is no longer entitled to receive the dividend. Therefore, if you sell your cryptocurrency on or after the ex-dividend date, you would not receive the dividend.
Mar 16, 2022 · 3 years ago
- Yes, you can sell cryptocurrency on the ex-dividend date and still receive the dividend. Unlike traditional stocks, cryptocurrencies do not have a centralized authority to enforce dividend rules. Therefore, it is possible to sell the cryptocurrency and still receive the dividend as long as the issuer or the exchange you are using allows it. However, it's important to check with the specific cryptocurrency issuer or exchange to confirm their dividend policies.
Mar 16, 2022 · 3 years ago
- According to BYDFi, a leading cryptocurrency exchange, selling cryptocurrency on the ex-dividend date would make you ineligible to receive the dividend. It is recommended to hold the cryptocurrency until after the dividend is paid out to ensure eligibility for the dividend. However, it's always a good idea to check with the specific cryptocurrency issuer or exchange for their dividend policies as they may vary.
Mar 16, 2022 · 3 years ago
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