Indices are subject to dividend adjustments depending on whether you are a buyer or a seller of the index.
What are dividends?
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. 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 needs to be clarified.
How to calculate dividends
To accurately reflect market conditions, we deduct or credit dividend amounts to the trading account balance daily at the opening of each index’s trading session (if applicable). Dividends are applied “per instrument”, meaning an aggregated adjustment for all the orders on a specific index that are still open at the end of trading hours preceding the ex-dividend date.
Learn when dividends may occur in the indices trading hours.
- Buy trades may receive a dividend, calculated as follows:
Dividend amount received (index quoted currency) = Lots × Contract size x Dividend rate
- Sell trades may be charged a dividend, calculated as follows:
Dividend amount charged (in the index quoted currency) = Lots × Contract size x Dividend rate
Please refer to the Dividends section under the Performance tab in the Personal Area to track exactly how dividends have been applied to your orders.
Any balance changes due to dividends are also shown in MT trading platforms.
Dividends calendar table
Monitor dividend updates while trading respective indices with the help of the table below, which is updated weekly to show upcoming dividends that will be applied:
Choose a date
Rates may differ from those displayed on this page. The updated amount paid or deducted for any given day is available through the Dividends section in the Personal Area.
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.