What are the implications of the ex-dividend date for Litecoin (LTC) investors?

1 answers

• Batuhan SaylamJan 10, 2025 · 7 months ago
  The ex-dividend date is an important consideration for Litecoin (LTC) investors. On this date, the stock price of Litecoin may adjust to account for the dividend payment. If you buy Litecoin on or after the ex-dividend date, you will not receive the dividend. The ex-dividend date is typically set a few days before the record date, which is the date when the company determines the shareholders who are eligible for the dividend. To ensure you receive the dividend, you should purchase Litecoin before the ex-dividend date. It's worth noting that the price of Litecoin may experience some volatility on the ex-dividend date due to the dividend payment. Therefore, investors should carefully consider the ex-dividend date when making investment decisions.
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