Important: To qualify for a dividend, you must have an open position at least one day before the "ex-dividend" date.
In case there is an open position in Stocks, ETFs, and CFDs on Stocks, ETFs, dividends are credited or debited to an account on the "ex-dividend" date. We also introduced dividends on CFD indices, providing clients with even more opportunities to profit from the financial markets.
View the schedule of the "ex-dividend" dates for the upcoming future in the "Corporate events" section of your trading platform.
Long and short positions
- A client holding a long position on the ex-dividend date will receive the applicable dividend in the form of a cash adjustment credited to the relevant trading account. Find the transaction in the History Tab on the client’s trading platform under "Cash Corrections".
- A client holding a short position on the ex-dividend date will be charged the applicable dividend in the form of a cash adjustment debited to the relevant trading accounts. Find the transaction in the History Tab on the client’s trading platform under "Cash Corrections".
Dividends process
Cash dividend transactions debit/credit account balance on ex-dividend day at:
- 15:05 server time for US stocks and CFDs on US stocks
- 09:05 server time for CFDs on EU stocks
- 01:05 server time for CFDs on US indices
- 01:08 server time for CFDs on EU indices
Find the transaction in the History tab.
In case of a Long position, the Cash Dividend amount is:
Dividend per stock * Volume
where:
Volume = Contracts * Contract size
In case of a Short Position, the Cash Dividend amount is:
(-1) * Dividend per stock * Volume
where:
Volume = Contracts * Contract size
Dividends received in the US stock market (Stocks, ETFs and CFDs on Stocks and ETFs) are subject to tax by the US. Because of this, 15% of the dividend amount you receive will be debited to your account with the "Dividend tax" comment.
A dividend is added to an account balance and has no influence on the result of a position.
Holders of stocks and CFDs on Stocks of companies that pay dividends receive all due payments. That is, stockholders receive dividends, while holders of CFDs on Stocks receive dividend equivalents.