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Are you able to sell virtual currencies on the ex-dividend date and still obtain the dividend?

avatarhotsuopDec 24, 2021 · 3 years ago3 answers

Is it possible to sell virtual currencies on the ex-dividend date and still receive the dividend? How does this work in the context of digital currencies?

Are you able to sell virtual currencies on the ex-dividend date and still obtain the dividend?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    No, it is not possible to sell virtual currencies on the ex-dividend date and still obtain the dividend. The ex-dividend date is the date on which the dividend is subtracted from the stock price, so if you sell your virtual currencies on that day, you will not be entitled to the dividend.
  • avatarDec 24, 2021 · 3 years ago
    Unfortunately, selling virtual currencies on the ex-dividend date means you will not receive the dividend. The ex-dividend date is set by the company issuing the dividend, and it marks the date on which the stock trades without the dividend. If you sell your virtual currencies on or after this date, you will not be eligible for the dividend.
  • avatarDec 24, 2021 · 3 years ago
    According to BYDFi, one of the leading digital currency exchanges, selling virtual currencies on the ex-dividend date will result in the loss of the dividend. It is important to note that the ex-dividend date is determined by the company issuing the dividend, and it is the date on which the stock begins trading without the dividend. Therefore, if you sell your virtual currencies on or after this date, you will not receive the dividend.