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UPCOMING DIVIDENDS FOR STOCKS & INDICES

Learn more about the dividends here and how they affect your share and index trading on GKFX.
You may also find a list of upcoming dividends below, in order to seize the opportunities in the stocks market.

WHAT IS DIVIDEND?

Companies sometimes share a portion of their periodic income with shareholders this distrubution is called dividends. They are seen as a sign of a profitable fiscal year, hence they attract more investors.

Investors receive dividends based on the number of shares they own. Once the company announces the decision for paying it out, a certain day called the ex-dividend is set. Anyone who owns shares before that is eligible for dividend.

But what about CFD traders? Are they affected by dividends when trading stocks or indices? The answer is yes. Even though traders do not actually own the shares of the company, dividends can change a stock CFD’s price in the markets.

HERE IS AN EXAMPLE:

Let's say you have a long position with 100 shares of Amazon and a $0.06 dividend is declared. You kept your position open throughout the ex-div date. So, you receive $6 (100*$0.06=$6) in your balance. If you were going short however, after the ex-div date, your balance would be debited for $6 instead.

Please note that CFDs for shares or indices often gain or lose value with the announcement of ex-dividend. This causes price changes and they usually offset the dividend value credit/debit.

UPCOMING DIVIDENDS

For clients with positions in total return indices, dividends are automatically reflected in the price of the
index. (E.g. DAX30 CFDs are not debited/credited as dividends.)

For clients with insufficient margin while holding short positions on an instrument, we will apply a
temporary margin waiver. Later when the dividend is applied, margin waiver will be removed.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. See our full Risk Disclosure and Terms of Business for further details.