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Is it allowed to sell Litecoin on the ex-dividend date and still receive the dividend?

avatarRaghuram PrathivadiNov 25, 2021 · 3 years ago7 answers

I want to know if it's possible to sell Litecoin on the ex-dividend date and still receive the dividend. Can I sell my Litecoin holdings and still be eligible for the dividend payment?

Is it allowed to sell Litecoin on the ex-dividend date and still receive the dividend?

7 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, you can sell your Litecoin on the ex-dividend date and still receive the dividend. The ex-dividend date is the date on which the dividend is deducted from the stock price. As long as you owned the Litecoin before the ex-dividend date, you are entitled to receive the dividend, even if you sell it afterwards.
  • avatarNov 25, 2021 · 3 years ago
    Absolutely! Selling your Litecoin on the ex-dividend date will not affect your eligibility to receive the dividend. As long as you held the Litecoin before the ex-dividend date, you will still be entitled to the dividend payment, regardless of whether you sell it or not.
  • avatarNov 25, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, selling your Litecoin on the ex-dividend date will not impact your ability to receive the dividend. As long as you owned the Litecoin before the ex-dividend date, you will still be eligible for the dividend payment, even if you sell it afterwards. It's important to note that this applies to Litecoin specifically and may vary for other cryptocurrencies or assets.
  • avatarNov 25, 2021 · 3 years ago
    Definitely! You can sell your Litecoin on the ex-dividend date and still receive the dividend. The ex-dividend date only determines whether you are entitled to the dividend or not, and selling your Litecoin afterwards doesn't affect your eligibility. So go ahead and sell your Litecoin if you need to, you'll still get the dividend.
  • avatarNov 25, 2021 · 3 years ago
    Yes, you can sell your Litecoin on the ex-dividend date and still receive the dividend. The ex-dividend date is simply a cut-off date for determining who is eligible for the dividend. As long as you owned the Litecoin before this date, you will receive the dividend, regardless of whether you sell it afterwards.
  • avatarNov 25, 2021 · 3 years ago
    Absolutely! Selling your Litecoin on the ex-dividend date won't impact your ability to receive the dividend. The ex-dividend date is just a marker for determining eligibility, and as long as you held the Litecoin before this date, you'll get the dividend, even if you sell it afterwards.
  • avatarNov 25, 2021 · 3 years ago
    Yes, you can sell your Litecoin on the ex-dividend date and still receive the dividend. The ex-dividend date is used to determine who is eligible for the dividend payment, and as long as you owned the Litecoin before this date, you will be entitled to the dividend, regardless of whether you sell it afterwards.