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Is it possible to sell Ethereum on the ex-dividend date and still get the dividend?

avatarkeifen qinDec 16, 2021 · 3 years ago5 answers

I have some Ethereum and I'm wondering if it's possible to sell it on the ex-dividend date and still receive the dividend. Can I sell my Ethereum and still get the dividend payment?

Is it possible to sell Ethereum on the ex-dividend date and still get the dividend?

5 answers

  • avatarDec 16, 2021 · 3 years ago
    No, it's not possible to sell Ethereum on the ex-dividend date and still receive the dividend. When you sell your Ethereum, you no longer own the asset and therefore you are not entitled to any future dividend payments. Dividends are typically paid to shareholders who hold the asset on the record date, which is usually a few days before the ex-dividend date. If you sell your Ethereum before the record date, you will not be eligible for the dividend.
  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to sell Ethereum on the ex-dividend date and still receive the dividend, but only if you sell it after the record date. The record date is the date on which the company determines who is eligible to receive the dividend. As long as you hold the Ethereum on the record date, you will be entitled to the dividend payment, even if you sell it on the ex-dividend date or afterwards.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, selling Ethereum on the ex-dividend date will not affect your eligibility to receive the dividend. As long as you hold the Ethereum on the record date, you will be entitled to the dividend payment, regardless of when you sell it. However, it's important to note that the ex-dividend date is the first day on which the stock trades without the dividend. This means that if you sell your Ethereum on or after the ex-dividend date, you will not receive the dividend for that period.
  • avatarDec 16, 2021 · 3 years ago
    Selling Ethereum on the ex-dividend date and still receiving the dividend depends on the specific rules and policies of the exchange or platform you are using. Different exchanges may have different procedures and timelines for dividend payments. It's recommended to check with your exchange or platform to understand their specific rules regarding dividends and selling on the ex-dividend date.
  • avatarDec 16, 2021 · 3 years ago
    While it is technically possible to sell Ethereum on the ex-dividend date and still receive the dividend, it is generally not recommended. Selling on the ex-dividend date or shortly before it can be risky, as the market may already have priced in the dividend payment. It's usually more prudent to hold onto your Ethereum until after the ex-dividend date to ensure you receive the dividend payment.