Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (17th May – 21st of May) | Zeal Capital Market

Announcement

Please be advised that when trading shares and spot stock indices using contracts for difference (CFDs), when a listed company or a listed company (component) of an underlying stock index pays dividend to its shareholders, the value of the corresponding position held in the client’s trading account will be affected after the closing of the market (trading platform / server time). Determined by whether the client’s position is long or short, the trading account will incur a net of tax dividend adjustment, which may be a payment or a charge. (Please note that stock indices futures CFDs do not participate in dividend adjustment. The composition of each Standard Lot referred here may vary significantly from one trading product to another, please refer to Product Guide for details.)

The projected impact of any dividend issued by a component on a stock index is weighted and calculated, and such figures are published and updated on our official website.

Dividend payment received when holding a long position:

Dividend Payment = Component Dividend (weighted, per stock index contract) × Position Size in Standard Lot × Contract Size per Standard Lot Currency Multiplier

 

Dividend charge deducted when holding a short position:

Dividend Charge = Component Dividend (weighted, per stock index contract) × Position Size in Standard Lot × Contract Size per Standard Lot Currency Multiplier

 

Please find stock indices dividend figures below for this week:

Symbol 17th May 18th May 19th May 20th May 21st May Dividend Payout Time
(GMT+1)
GER30
FRA40 5.637 4.624 20:55
US30 8.817 3.685 12.814 21:55
NAS100 0.088 3.093 0.549 21:55
SPX500 0.01 0.513 0.584 0.371 0.186 21:55
ChinaA50
HK50 11.199 19.326 15.617 19:45
AUS200 4.765 0.37 21:55
SPAIN35 5.876 20:55
UK100 9.519 21:55
EURO50 1.775 0.777 21:55
JAPAN225
GER30min
FRA40min 5.637 4.624 20:55
US30min 8.817 3.685 12.814 21:55
NAS100min 0.088 3.093 0.549 21:55
SPX500min 0.01 0.513 0.584 0.371 0.186 21:55
ChinaA50min
HK50min 11.199 19.326 15.617 19:45

 

For Share CFDs

Dividend payment received when holding a long position:

Dividend Payment = Individual Stock Dividend (per share) × Position Size in Standard Lot × Contract Size per Standard Lot

Dividend charge deducted when holding a short position:

Dividend Charge = Individual Stock Dividend (per share) × Position Size in Standard Lot × Contract Size per Standard Lot

 

Please find stock dividend figures below for this week:

Symbol 17th May 18th May 19th May 20th May 21st May Dividend Payout Time
(GMT+1)
CVX 1.34 21:00
MSFT 0.56 21:00

 

(Please note that the above information is indicative only, and may be subject to change Dividend payout of an individual stock normally takes place after the close of its last trading session prior to the announced ex-dividend date shown above.)