Can you sell Ripple on the ex-dividend date and still be eligible for the dividend?

5 answers

• Dec 29, 2021 · 3 years ago
  No, you cannot sell Ripple on the ex-dividend date and still be eligible for the dividend. When a stock or cryptocurrency goes ex-dividend, it means that the buyer of the stock or cryptocurrency on or after that date will not receive the upcoming dividend payment. In order to be eligible for the dividend, you must be the owner of the stock or cryptocurrency before the ex-dividend date. Selling it on or after that date means you are no longer entitled to the dividend.
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• Dec 29, 2021 · 3 years ago
  Yes, you can sell Ripple on the ex-dividend date and still be eligible for the dividend. However, there are some important considerations to keep in mind. When you sell Ripple on the ex-dividend date, you are essentially transferring the right to receive the dividend to the buyer. The buyer will then be eligible to receive the dividend payment. So, while you may not directly receive the dividend, you can still benefit from selling Ripple at a higher price due to the dividend expectation.
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• Dec 29, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, selling Ripple on the ex-dividend date will make you ineligible for the dividend. The ex-dividend date is the cut-off date for dividend eligibility. If you sell Ripple on or after this date, you will not receive the dividend. It's important to keep track of ex-dividend dates and plan your trading strategy accordingly to maximize your dividend earnings.
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• Dec 29, 2021 · 3 years ago
  Selling Ripple on the ex-dividend date can be a tricky situation. While technically you can sell Ripple and still be eligible for the dividend, it's important to consider the market dynamics. In many cases, the price of Ripple may already reflect the upcoming dividend payment, and selling on the ex-dividend date may result in a lower selling price. It's advisable to consult with a financial advisor or do thorough research before making any trading decisions on the ex-dividend date.
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• Dec 29, 2021 · 3 years ago
  No worries! You can definitely sell Ripple on the ex-dividend date and still be eligible for the dividend. The ex-dividend date is simply the date on which the stock or cryptocurrency starts trading without the dividend. As long as you own Ripple before the ex-dividend date, you will receive the dividend regardless of when you sell it. So go ahead and sell your Ripple on the ex-dividend date without any worries about losing your dividend entitlement!
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