common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

Can I receive dividends if I purchase a digital asset on the ex-date?

avatarAfshan WaseemNov 26, 2021 · 3 years ago7 answers

I want to know if I can receive dividends if I purchase a digital asset on the ex-date. Can I still be eligible for dividends even if I buy the asset on the day when the ex-dividend date is set? How does it work?

Can I receive dividends if I purchase a digital asset on the ex-date?

7 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, you can still receive dividends if you purchase a digital asset on the ex-date. The ex-dividend date is the date on which a stock or other security trades without its next dividend payment. However, to be eligible for the dividend, you need to be a shareholder of record on the record date. So, if you buy the asset on the ex-date, you will not be considered a shareholder of record on the record date and will not receive the dividend.
  • avatarNov 26, 2021 · 3 years ago
    No, if you purchase a digital asset on the ex-date, you will not receive the dividends. The ex-dividend date is the date on which a stock or other security trades without its next dividend payment. To be eligible for the dividend, you need to be a shareholder of record on the record date. If you buy the asset on the ex-date, you will not be considered a shareholder of record on the record date and will not receive the dividend.
  • avatarNov 26, 2021 · 3 years ago
    It depends on the specific digital asset and its dividend policy. Some digital assets may allow you to receive dividends even if you purchase them on the ex-date, while others may not. It's important to check the dividend policy of the asset you are interested in before making a purchase. Keep in mind that different digital assets may have different rules regarding dividends.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to receiving dividends, it's best to purchase a digital asset before the ex-date. This ensures that you are a shareholder of record on the record date and eligible for the dividend. Buying the asset on the ex-date or after may result in you not receiving the dividend. It's always a good idea to do your research and understand the dividend policies of the digital assets you are interested in.
  • avatarNov 26, 2021 · 3 years ago
    If you purchase a digital asset on the ex-date, you will not receive the dividends. The ex-dividend date is the date on which a stock or other security trades without its next dividend payment. To be eligible for the dividend, you need to be a shareholder of record on the record date. Buying the asset on the ex-date means you will not be considered a shareholder of record on the record date and will not receive the dividend.
  • avatarNov 26, 2021 · 3 years ago
    While it is technically possible to receive dividends if you purchase a digital asset on the ex-date, it is highly unlikely. The ex-dividend date is the date on which a stock or other security trades without its next dividend payment. To be eligible for the dividend, you need to be a shareholder of record on the record date. Buying the asset on the ex-date means you will not be considered a shareholder of record on the record date and will not receive the dividend.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi is a digital asset exchange that allows users to trade a variety of digital assets. However, when it comes to receiving dividends, the rules may vary depending on the specific asset. It's important to check the dividend policy of the asset you are interested in before making a purchase on BYDFi or any other exchange. Keep in mind that different digital assets may have different rules regarding dividends.