{"id":317166,"date":"2022-07-26T08:39:36","date_gmt":"2022-07-26T08:39:36","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=dividend&p=317166"},"modified":"2022-07-26T08:39:36","modified_gmt":"2022-07-26T08:39:36","slug":"dividend-payment-or-charge-adjustments-on-shares-and-spot-stock-indices-26th-july-1st-august-and-applicable-leverages-1st-5th-august-announcement","status":"publish","type":"dividend","link":"https:\/\/www.zfx.com\/en-mena\/cfd-expiration-date\/dividend-payment-or-charge-adjustments-on-shares-and-spot-stock-indices-26th-july-1st-august-and-applicable-leverages-1st-5th-august-announcement-317166\/","title":{"rendered":"Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices 26th July \u2013 1st August) and Applicable Leverages (1st \u2013 5th August) Announcement"},"content":{"rendered":"

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\u2019s trading account will be affected after the closing of the market (trading platform \/ server time). Determined by whether the client\u2019s position is long or short, the trading account will incur a net of tax dividend adjustment, which may be a payment<\/strong> or a charge<\/strong>. (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<\/a> for details.)<\/p>\n

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.<\/p>\n

Dividend payment received when holding a long position:<\/p>\n

Dividend Payment <\/strong>= Component Dividend (weighted, per stock index contract) \u00d7 Position Size in Standard Lot \u00d7 Contract Size per Standard Lot Currency Multiplier<\/p>\n

Dividend charge deducted when holding a short position:<\/p>\n

Dividend Charge <\/strong>= Component Dividend (weighted, per stock index contract) \u00d7 Position Size in Standard Lot \u00d7 Contract Size per Standard Lot Currency Multiplier<\/p>\n

Please find stock indices dividend figures below for this week:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Symbol<\/th>\n26th Jul<\/th>\n27th Jul<\/th>\n28th Jul<\/th>\n29th Jul<\/th>\n1st Aug<\/th>\nDividend Payout Time
\n(GMT+1)<\/th>\n<\/tr>\n<\/thead>\n
GER40<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
FRA40<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
US30<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
NAS100<\/td>\n0.194<\/td>\n<\/td>\n0.433<\/td>\n<\/td>\n<\/td>\n21:55<\/td>\n<\/tr>\n
SPX500<\/td>\n0.039<\/td>\n0.041<\/td>\n0.512<\/td>\n0.425<\/td>\n0.044<\/td>\n21:55<\/td>\n<\/tr>\n
ChinaA50<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
HK50<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n3.753<\/td>\n19:45<\/td>\n<\/tr>\n
AUS200<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
SPAIN35<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
UK100<\/td>\n<\/td>\n<\/td>\n2.461<\/td>\n<\/td>\n<\/td>\n21:55<\/td>\n<\/tr>\n
EURO50<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
JAPAN225<\/td>\n<\/td>\n<\/td>\n1.652<\/td>\n<\/td>\n<\/td>\n21:55<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

For Share CFDs<\/p>\n

Dividend payment received when holding a long position:<\/p>\n

Dividend Payment <\/strong>= Individual Stock Dividend (per share) \u00d7 Position Size in Standard Lot \u00d7 Contract Size per Standard Lot<\/p>\n

Dividend charge deducted when holding a short position:<\/p>\n

Dividend Charge <\/strong>= Individual Stock Dividend (per share) \u00d7 Position Size in Standard Lot \u00d7 Contract Size per Standard Lot<\/p>\n

Please find stock dividend figures below for this week:<\/p>\n

\n\n\n\n\n\n
Symbol<\/th>\n26th Jul<\/th>\n27th Jul<\/th>\n28th Jul<\/th>\n29th Jul<\/th>\n1st Aug<\/th>\nDividend Payout Time
\n(GMT+1)<\/th>\n<\/tr>\n<\/thead>\n
PEE<\/td>\n<\/td>\n<\/td>\n0.4<\/td>\n<\/td>\n<\/td>\n21:00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

(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.)<\/p>\n

(Please also note that 2 trading days prior to earnings announcements we\u2019ll amend our leverages across the specific companies\u2019 share CFDs to a maximum of 1:5, reverting to a maximum 1:10 after report publishing. Please ensure that you have sufficient margin required to maintain your open positions during the above mentioned period.)<\/strong><\/p>\n<\/div>\n

\n

The amendment of US Share CFDs\u2019 applicable leverages is scheduled as follows (1st August \u20135th August):<\/p>\n

\n\n\n\n\n\n\n
Earnings Announcement Date<\/th>\nSymbol<\/th>\nLeverage Amendment Time (GMT+1)<\/th>\nAmended Leverage<\/th>\nResumed Leverage Time (GMT+1)<\/th>\nResumed Leverage<\/th>\n<\/tr>\n<\/thead>\n
3rd August<\/td>\nBABA<\/td>\n1st August, 21:00<\/td>\n1:5<\/td>\n3rd August, 21:00<\/td>\n1:10<\/td>\n<\/tr>\n
4th August<\/td>\nTM<\/td>\n2nd August, 21:00<\/td>\n1:5<\/td>\n4th August, 21:00<\/td>\n1:10<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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\u2019s trading account will be affected after the closing of the […]<\/p>\n","protected":false},"author":8,"featured_media":0,"template":"","class_list":["post-317166","dividend","type-dividend","status-publish","hentry"],"acf":[],"current_lang":"en-mena","_links":{"self":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/dividend\/317166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/dividend"}],"about":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/types\/dividend"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/users\/8"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/dividend\/317166\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/media?parent=317166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}