Dividend Calendar

The Dividend Calendar is indicative and subject to change. The Dividend Calendar is provided for informational purposes only. To see the exact amount that will be credited or debited please view the history tab on the MetaTrader5 Platform. MetaTrader 4 and MetaTrader 5 platforms are property of MetaQuotes.

What is a dividend and how does it work?

A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it can pay a proportion of the profit as a dividend to shareholders. When a dividend is paid on a stock, the value of the stock will drop. Short positions will be positively impacted by the drop in Price, while long positions are negatively impacted. Dividend adjustments are therefore applied on Share CFD products to negate the impact of the drop in Price. If you are long, you are credited a dividend adjustment. If you are short, you will be debited a dividend adjustment.

How will you adjust my account where I hold positions on cash indices?

When a stock goes ex-dividend, ignoring other market forces, the value of that stock effectively falls by the dividend amount. In most cases, this will, in turn, cause the index value to drop since the value of the index is calculated from the value of the stocks within it. The amount that the index drops is dependent on the weighting of the stock within the index. If more than one constituent stock of an index goes ex-dividend on the same day, we will add the amount of points each stock will cause the index to drop by together to calculate the total dividend amount in relation to the relevant index CFD offered by us.

When are Dividends applied and how can I avoid dividends if required?

Dividends are applied on the Ex-Dividend date. For example, if the Ex-Dividend Date was August 3rd. All positions held at the end of August 2nd would be subject to a dividend adjustment. To avoid paying dividends, you can close your position before August 2nd End of the Day at 21:00 GMT and the adjustment would not apply.

How do company dividend announcements affect my trades?

If you have a buy position, for example, on a company that announces a dividend, your account will be credited/debited prior to the market opening on the day the stock goes ‘ex-dividend.’ Here’s a typical example:

Examples of Index dividend adjustments

  1. If you buy and hold 1 lot NDX cash index overnight with the dividend points of 20, the account will be credited with 20 USD.
  2. Conversely, if you sell and hold 1 lot NDX cash index overnight with the dividend points of 20, the account will be debited with 20 USD.

Please note that the amount you are credited or debited will be subject to the relevant tax holding rates according to the region in which the share is listed.

Why am I debited for a Dividend adjustment if I am holding a short position?

As you would have benefitted from the artificial price movement at the time where in fact, you shouldn’t have, the equivalent amount is debited from your account in order to offset this. Overall, you do not lose or gain anything due to this price adjustment.

Why are my long positions credited less than short positions debited?

These differences are due to the Tax settings of the different underlying countries. For example, for US shares, a tax applies on dividend adjustments to traders of equity derivatives of US stocks. Under this US tax regulation, 30% of all credited Dividend adjustments are withheld before crediting to the client. However, these don’t affect the Dividend adjustment on indices.

How do I know I have received the dividends?

The daily dividend amount can be viewed from the history window on the MT5 platform. On the comments, it will be marked as ‘Div,’ indicating that the entry is of a dividend adjustment.

MetaTrader 4 and MetaTrader 5 platforms are property of MetaQuotes.

Contracts for difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. Therefore, you should not invest money that you cannot afford to lose. There are also risks associated with utilizing an Internet-based trade execution software application, including, but not limited to, the failure of hardware and software.

Margined Forex and CFD trading are leveraged products that may not be suitable for everyone, and you should ensure that you understand the risks involved and take care to manage your exposure. Please think carefully about whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients post their entire account balance to meet margin requirements. Clients can minimize their level of exposure by requesting a change in leverage limits. For more information, please refer to TradeUltra Limited’s Risk Disclosure.

When acquiring our CFD or derivative products, you have no entitlement, right, or obligation to the underlying financial asset. TradeUltra Limited is not a financial adviser, and all services are provided on an execution-only basis. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any Trade Ultra products or services and obtain independent professional advice as necessary.

Any analysis, opinion, commentary, or research-based material on our website is for informational and educational purposes only and is not, under any circumstances, intended to be an offer, recommendation, or solicitation to buy or sell. Any indication of past performance or simulated past performance included in advertisements published by TradeUltra Limited is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at TradeUltra Limited. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks if you are at all unsure.

The information on this site is not intended for residents of the following countries: United States, Canada, Singapore, Japan, Afghanistan, Cuba, Eritrea, Myanmar, Iran, Iraq, North Korea, Kyrgyzstan, Libya, Sudan, Syria, Liberia, Yemen, Somalia, Senegal, Jamaica, Mali, Panama, Albania, Barbados, Cambodia, Palestine, or Lebanon. It is also not intended for use by any person in any jurisdiction where such use would be contrary to local law or regulation. Please note that telephone calls and online chat conversations may be recorded and monitored. Additionally, the tax treatment of our services depends on the individual circumstances of each client and may vary according to the jurisdiction. Tax laws are subject to change, and they may differ in each jurisdiction.

MetaTrader 4 and MetaTrader 5 platforms are properties of MetaQuotes.

Regulated/Registered by:

Labuan Flag - Location - TradeUltra
TradeUltra Limited is authorized and regulated by the Labuan Financial Services Authority Malaysia with License number MB/20/0059.

iconTradeUltra Limited is licensed by the Financial Services Commission Mauritius with Global Business License number GB21026948.

iconTradeUltra Limited is an International Business Company registered in Saint Vincent and the Grenadines with registration number 25982 BC 2020.

iconTradeUltra Markets Limited is an International Business Company registered in Saint Vincent and the Grenadines with registration number 20997 IBC 2013.

Privacy Policy Terms of Use