Dividend Payment or Charge Adjustments on Spot Indices (25th of January – 29th of January) | Zeal Capital Market

CFD Expiration Date

When trading spot stock indices via contracts for difference (CFDs), please be advised that when 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.)

 

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

 

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.

 

Please find dividend figures for this week (25th of January – 29th of January) below:

Symbol 25th January 26th January 27th January 28th January 29th January Dividend Payout Time
(GMT+0)
GER30
FRA40
US30
NAS100 0.998 0.238 21:00
SPX500 0.0166 0.004 0.501 0.393 21:00
ChinaA50
HK50
AUS200
SPAIN35
UK100 0.106 16:30
EURO50
JAPAN225 1.332 7:00
GER30min
FRA40min
US30min
NAS100min 0.998 0.238 21:00
SPX500min 0.0166 0.004 0.501 0.393 21:00
ChinaA50min
HK50min

(Please note that the above information is indicative only, and may be subject to change.)