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Does selling my digital currency on the record date affect my eligibility for the dividend?

avatarMalikaDec 25, 2021 · 3 years ago3 answers

If I sell my digital currency on the record date, will it impact my eligibility to receive the dividend? Will I still be able to receive the dividend if I sell my digital currency before the record date and buy it back afterwards?

Does selling my digital currency on the record date affect my eligibility for the dividend?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, selling your digital currency on the record date can affect your eligibility for the dividend. The record date is the cut-off date set by the company to determine who is eligible to receive the dividend. If you sell your digital currency on or before the record date, you may no longer be considered a shareholder and therefore may not be eligible for the dividend. It's important to check with the specific company or exchange where you hold your digital currency to understand their dividend eligibility requirements.
  • avatarDec 25, 2021 · 3 years ago
    Selling your digital currency on the record date can indeed affect your eligibility for the dividend. The record date is used to determine the shareholders who are entitled to receive the dividend. If you sell your digital currency on or before the record date, you may lose your eligibility for the dividend. However, if you sell your digital currency after the record date, you should still be eligible to receive the dividend. It's always a good idea to check with the company or exchange for specific details regarding their dividend policies.
  • avatarDec 25, 2021 · 3 years ago
    Selling your digital currency on the record date can impact your eligibility for the dividend. The record date is an important date set by the company to determine who will receive the dividend. If you sell your digital currency on or before the record date, you may no longer be considered a shareholder and may not be eligible for the dividend. However, if you sell your digital currency after the record date, you should still be eligible to receive the dividend. Keep in mind that each company or exchange may have different rules regarding dividend eligibility, so it's best to consult their official documentation or reach out to their customer support for accurate information.