Indices are subject to dividend adjustments depending on whether you are a buyer or a seller of the index.
What are Dividends on Indices?
An index is a weighted basket consisting of many companies. When one of these companies pays a dividend, it is effectively reducing its value by the amount of the dividend.
This reduction in value is reflected by a fall in the share price on the ex-dividend date. In the case of an index, the fall in the price is proportional to the size of the dividend and the weight of the company within that index. As a result, sometimes dividend adjustments are unnoticeable, while other times, their impact on an index price is clear.
How to Calculate Dividends on Indices?
In order to accurately reflect market conditions, Exness applies dividend adjustments to indices. They are paid or charged on positions open at 22:00 UTC the day before the ex-dividend date, i.e. during the nightly trading break on the index. Indices trading hours can be found here
.
Buy trades may receive a dividend, calculated as follows:
Dividend amount received = Lots x Contract Size × Pip Size × Dividend adjustment
Sell trades may be charged a dividend, calculated as follows:
Dividend amount charged = Lots x Contract Size × Pip Size × Dividend adjustment
Please closely monitor Dividend updates while trading respective indices. The table below is updated weekly to show upcoming dividends that will be paid/charged:
| AUS200 Australia S&PASX 200 Index |
FR40 France 40 Index |
HK50 Hong Kong 50 Index |
JP225 Japan 225 Index |
STOXX50 EU Stocks 50 Index |
UK100 UK 100 Index |
US30 US Wall Street 30 Index |
US500 US SPX 500 Index |
USTEC US Tech 100 Index |
|
| Jan 27 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 USD | 0 |
| Jan 30 | 0 | 0 | 0 | 1.781 JPY | 0.144 EUR | 0 | 0 | 0.374 USD | 1.13 USD |
| Jan 31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.079 USD | 0 |
| Feb 01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.024 USD | 0.201 USD |
| Feb 02 | 0.139 AUD | 0 | 0 | 0 | 0 | 0 | 0 | 0.23 USD | 0.4 USD |
| Feb 03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.224 USD | 0.191 USD |
| Feb 06 | 0 | 0 | 0 | 0 | 0.739 EUR | 0 | 2.406 USD | 0.28 USD | 1.644 USD |
| Feb 07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.076 USD | 0 |
| Feb 08 | 0.082 AUD | 0 | 0 | 0 | 0 | 0 | 0 | 0.582 USD | 0.38 USD |
| Feb 09 | 0.537 AUD | 0 | 0 | 0 | 0 | 0 | 13.841 USD | 0.622 USD | 1.039 USD |
Rates may differ from those displayed on this page. The actual applied rate for any given day is available on the website.
*Note: To view upcoming dividends that will be paid or deducted, please refer to this page as it provides a longer dividend history and is updated weekly. The main website and the trading terminal may only show adjustments for the current day. To view, the dividend adjustments in the trading terminal refer to the Swaps column. Buyers will receive a swap while sellers will be charged a swap.