common-close-0
BYDFi
Trade wherever you are!

How does the ex dividend date differ from the record date in the context of digital currencies?

avatarmontupet louisDec 30, 2021 · 3 years ago3 answers

In the context of digital currencies, what is the difference between the ex dividend date and the record date?

How does the ex dividend date differ from the record date in the context of digital currencies?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    The ex dividend date and the record date are two important dates in the context of digital currencies. The ex dividend date is the date on which a buyer of a digital currency is no longer entitled to receive the upcoming dividend payment. On the other hand, the record date is the date on which the company determines who the shareholders of record are, and therefore, who is eligible to receive the dividend payment. In simple terms, the ex dividend date is the cut-off date for receiving dividends, while the record date is the cut-off date for being recognized as a shareholder eligible for dividends.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to digital currencies, the ex dividend date and the record date play a crucial role in determining who receives the dividend payment. The ex dividend date is the date on which the buyer of a digital currency is no longer entitled to receive the upcoming dividend. On the other hand, the record date is the date on which the company determines the list of shareholders who are eligible to receive the dividend payment. In other words, if you buy a digital currency before the ex dividend date, you will receive the dividend payment, but if you buy it on or after the ex dividend date, you will not receive the dividend payment.
  • avatarDec 30, 2021 · 3 years ago
    In the context of digital currencies, the ex dividend date and the record date have different implications. The ex dividend date is the date on which the buyer of a digital currency is no longer entitled to receive the upcoming dividend. It is important to note that the ex dividend date is usually set a few days before the record date. On the other hand, the record date is the date on which the company determines who the shareholders of record are, and therefore, who is eligible to receive the dividend payment. So, if you want to receive the dividend payment, you need to make sure you own the digital currency before the ex dividend date and your name is on the record on the record date.