Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.2% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Dividends for Share CFDs

Gain exposure to a wide range of companies, such as Apple, Alphabet, Tesla and Alibaba, and take advantage of reporting season with our after-market trading hours and commissions from USD$0.02 per share. Start trading Share CFDs now.

What are dividends?

A dividend is a distribution of a portion of a company’s earnings to its shareholders. Dividends are often issued as cash payments if you own the underlying share, although they can also be paid out to investors in the form of additional shares.

Upcoming Corporate Actions

Action Type Ticker Platform Symbol Name Effective Date Summary Summary Summary
Acquisition SLR AU Equity Silver_Lake_Res_(SLR.AX) 2024-06-07 0:00:00 Target Company: Silver Lake Resources Ltd Acquirer Company: Red 5 Ltd %sought: 100.00

Upcoming Cash Dividends

Company Monday 03/06 Tuesday 04/06 Wednesday 05/06 Thursday 06/06 Friday 07/06
Analog Devices Inc 0.92
BorgWarner Inc 0.111.19
Cigna Group/The 1.40
Corteva Inc 0.161.05
Expeditors International of Washington Inc 0.73
Hartford Financial Services Group Inc/The 0.473.40
Interpublic Group of Cos Inc/The 0.33
Juniper Networks Inc 0.220.19
Kellanova 0.56
L3Harris Technologies Inc 1.16
Linde PLC 1.390.27
Linde PLC 1.39
Lockheed Martin Corp 3.15
LyondellBasell Industries NV 1.340.06
McDonald's Corp 1.67
McKesson Corp 0.620.04
Martin Marietta Materials Inc 0.74
M&T Bank Corp 1.35
NextEra Energy Inc 0.525.00
Newmont Corp 0.25
NIKE Inc 0.37
Orange SA 0.42
Principal Financial Group Inc 0.71
Solvay SA 0.81
Shenzhou International Group Holdings Ltd 1.08
Ping An Insurance Group Co of China Ltd 1.50
ENN Energy Holdings Ltd 2.31
NetEase Inc 0.10
Assura PLC 0.84
Ageas SA/NV 1.75
AJ Bell PLC 4.25
Arthur J Gallagher & Co 0.60
Avery Dennison Corp 0.88
Bank of America Corp 0.24
Booking Holdings Inc 8.75
BlackRock Inc 5.10
Computacenter PLC 47.40
CH Robinson Worldwide Inc 0.61
CME Group Inc 1.15
CANCOM SE1.00
Evonik Industries AG 1.17
Scout24 SE 1.20
General Motors Co 0.12
Genuine Parts Co 1.00
Gerresheimer AG 1.25
Halliburton Co 0.17
Informa PLC 12.20
Johnson Matthey PLC 55.00
Kraft Heinz Co/The 0.40
Kimco Realty Corp 0.24
Kimberly-Clark Corp 1.22
Mosaic Co/The 0.21
Marshalls PLC5.70
Northern Trust Corp0.75
NVIDIA Corp
Navigator Co SA/The 0.21
Old Dominion Freight Line Inc 0.26
OMV AG 2.95
Public Service Enterprise Group Inc 0.60
PepsiCo Inc 1.36
Pets at Home Group Plc 8.30
J Sainsbury PLC 9.20
Schlumberger NV 0.28
Silver Lake Resources Ltd
Molson Coors Beverage Co 0.44
Vodafone Group PLC 0.05
WPP PLC 24.40

Key features of dividends:

  • Dividends are an incentive and a form of compensation for the shareholder, normally paid out quarterly or semi-annually
  • They're one of the primary reason’s investors are attracted to a business
  • Ordinarily, the greater the cash flow of the business and profitability, the more likely a percentage of that capital will be returned to shareholders
  • Dividends are a great way to assess the financial health of a business to investors.

Of course, not all companies make these payments. Many high growth companies may choose not to return cash to shareholders but will reinvest the funds into the business if they feel the capital can better reward shareholders through greater earnings growth. In this case, investors are happy to forgo a dividend in the hope of increased capital appreciation.

What does ex-dividend mean?

The ex-dividend date is the day on which the stock no longer includes an entitlement to the upcoming dividend payment.

  • It's usually one business day before the dividend is paid out by the company
  • Traders opening a position on the ex-dividend date won't be entitled to, or are required to pay, the dividend on their positions
  • The value of the stock will fall on this date because of the dividend payout.

What do dividends mean for traders?

When a company pays out a dividend, all things being equal, the share price of that company should fall by that amount. This is because the company has paid cash held on its balance sheet to shareholders and that cash component is a consideration for attributing a theoretical value to the company.

Key points to note:

  • Always remember that because dividend payouts are scheduled events, traders aren't able to profit or lose from the ensuing price action
  • If a trader has an open position during a dividend adjustment, we know there's no financial impact on your trading account
  • We do this by either debiting or crediting you with the same amount you have incurred on the running profit or loss due to the dividend adjustment.

You'll find this in your trading account history, which you can find on your trading platform.

Timing the adjustment

On the market open of ex-dividend date, the shares will decline by the amount of the dividend paid to shareholders.

Example:

Gold miner company X is trading at $10 and they pay a $0.50c dividend. Aside from other market variables, X should reopen (its ‘ex-dividend’ date) at $9.50.

The adjustments in share CFDs are more straightforward than equity index CFDs, which work with the same concept, but are slightly different. Find out more here.

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