Is it possible to own a stock for a single day and receive the cash dividend paid on the stock although you do not own the stock at the time of payment ...

Yes In order to receive the dividend you must own the share ...

Is it possible to own a stock for a single day and receive the cash dividend paid

Question:

Is it possible to own a stock for a single day and receive the cash paid on the stock although you do not own the stock at the time of payment?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...