Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (19th April – 23rd of April) | Zeal Capital Market

Announcement

Please be advised that when trading shares and spot stock indices using contracts for difference (CFDs), when an underlying 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 Contract Specification 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 19 April 20 April 21 April 22 April 23 April Dividend Payout Time (GMT+1)
GER30
FRA40 2.808 9.13 20:55
US30 5.723 6.777 21:55
NAS100 0.171 21:55
SPX500 0.137 0.001 0.353 0.151 21:55
ChinaA50
HK50 23.711 19.45
AUS200 0.165 21:55
SPAIN35
UK100 2.968 21:55
EURO50 1.221 3.089 21:55
JAPAN225
GER30min
FRA40min 2.808 9.13 20:55
US30min 5.723 6.777 21:55
NAS100min 0.171 21:55
SPX500min 0.137 0.001 0.353 0.151 21:55
ChinaA50min
HK50min 23.711 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 19 April 20 April 21 April 22 April 23 April Dividend Payout Time (GMT+1)
PG 0.87 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.)