Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (22nd – 26th of March) | 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 22nd March 23rd March 24th March 25th March 26th March Dividend Payout Time (GMT+0)
(GMT+0)
GER30
FRA40 0.098 7.285 20:55
US30 20:55
NAS100 20:55
SPX500 0.01 0.018 0.227 0.006 0.417 20:55
ChinaA50
HK50 2.461 18:45
AUS200 0.115 0.315 0.715 21:55
SPAIN35
UK100 8.145 21:55
EURO50 2.412 21:55
JAPAN225
GER30min
FRA40min 0.098 7.285 20:55
US30min 20:55
NAS100min 20:55
SPX500min 0.01 0.018 0.227 0.148 0.0067 20:55
ChinaA50min
HK50min 20461 18:45

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 22ns March 23th March 24th March 25th March 26th March Dividend Payout Time
(GMT+0)
WMT

(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.)