common-close-0
BYDFi
Trade wherever you are!

If I sell my cryptocurrency on the record date, can I still participate in the dividend distribution?

avatarecocedDec 24, 2021 · 3 years ago7 answers

If I sell my cryptocurrency on the record date, will I still be eligible to receive the dividend distribution?

If I sell my cryptocurrency on the record date, can I still participate in the dividend distribution?

7 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, you will still be eligible to receive the dividend distribution even if you sell your cryptocurrency on the record date. The record date is the date on which the company determines the shareholders who are entitled to receive the dividend. As long as you held the cryptocurrency before the record date, you will be considered a shareholder and will receive the dividend, regardless of whether you sell it afterwards.
  • avatarDec 24, 2021 · 3 years ago
    Absolutely! Selling your cryptocurrency on the record date does not affect your eligibility to receive the dividend distribution. As long as you held the cryptocurrency before the record date, you are entitled to the dividend. So go ahead and sell your cryptocurrency without worrying about missing out on the dividend.
  • avatarDec 24, 2021 · 3 years ago
    Yes, if you sell your cryptocurrency on the record date, you will still be eligible to receive the dividend distribution. The record date is determined by the company and serves as a cutoff point to determine who is eligible for the dividend. As long as you held the cryptocurrency before the record date, you will be included in the list of eligible shareholders and will receive the dividend.
  • avatarDec 24, 2021 · 3 years ago
    Selling your cryptocurrency on the record date doesn't affect your eligibility to receive the dividend distribution. The record date is simply a reference point for the company to determine the shareholders who are entitled to the dividend. As long as you held the cryptocurrency before the record date, you will be eligible to receive the dividend, even if you sell it afterwards.
  • avatarDec 24, 2021 · 3 years ago
    Yes, you can still participate in the dividend distribution if you sell your cryptocurrency on the record date. The record date is used by the company to determine the shareholders who will receive the dividend. As long as you held the cryptocurrency before the record date, you will be considered a shareholder and will receive the dividend, regardless of whether you sell it afterwards.
  • avatarDec 24, 2021 · 3 years ago
    Sure thing! Selling your cryptocurrency on the record date won't affect your ability to receive the dividend distribution. The record date is simply a reference point for the company to determine the shareholders who are eligible for the dividend. As long as you held the cryptocurrency before the record date, you will be eligible to receive the dividend, even if you sell it afterwards.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi: If you sell your cryptocurrency on the record date, you will still be eligible to receive the dividend distribution. The record date is determined by the company and serves as a cutoff point to determine who is eligible for the dividend. As long as you held the cryptocurrency before the record date, you will be included in the list of eligible shareholders and will receive the dividend.