If you had sold your stock the day after the shares went ex-dividend (a few weeks ago), you would have believed that: - you will receive the dividend - you wi

If you had sold your stock the day after the shares went ex-dividend (a few weeks ago), you would have believed that: - you will receive the dividend - you will have no other financial upside/downside from easyjet's performance If the dividend were to be cancelled, then this would transfer wealth from you (a past shareholder) to current easyJet shareholders. Rules changing after you have made a trade isn't how financial markets are meant to work, because it reduces incentive structures. I'm not saying what should happen in this case. Just pointing out that cancelling a dividend for shares that have already gone ex-dividend seems like it would require a lot of work to make sure that the money comes from current shareholders, and not past ones.