Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.2% 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.

Upcoming dividends

CompanyExchangeMonday 30/08Tuesday 31/08Wednesday 01/09Thursday 02/09Friday 03/09
Allstate CorpNYSE0.81
Avery Dennison CorpNYSE0.68
Ball CorpNYSE0.2
Borgwarner IncNYSE0.17
Csx CorpNASDAQ0.09
Dover CorpNYSE0.5
Dow IncNYSE0.7
Electronic Arts IncNASDAQ0.17
Ebay IncNASDAQ0.18
Estee Lauder Companies-Cl ANYSE0.53
Corning IncNYSE0.24
Goldman Sachs Group IncNYSE2
Halliburton CoNYSE0.05
Hartford Financial Svcs GrpNYSE0.35
Interpublic Group Of Cos IncNYSE0.27
Juniper Networks IncNYSE0.2
Kellogg CoNYSE0.58
KeycorpNYSE0.185
Kraft Heinz Co/TheNASDAQ0.4
Lockheed Martin CorpNYSE2.6
Mcdonald'S CorpNYSE1.29
Mckesson CorpNYSE0.47
Martin Marietta MaterialsNYSE0.61
M & T Bank CorpNYSE1.1
Nvidia CorpNASDAQ0.04
Newell Brands IncNASDAQ0.23
Old Dominion Freight LineNASDAQ0.2
Principal Financial GroupNASDAQ0.63
Schlumberger LtdNYSE0.13
Union Pacific CorpNYSE1.07
Admiral Group PlcLSE0.88
Antofagasta PlcLSE0.17
Alliance Trust PlcLSE0.04
Bhp Group PlcLSE1.45
Convatec Group PlcLSE0.01
Grafton Group Plc-UtsLSE0.09
Glencore PlcLSE0.04
Londonmetric Property PlcLSE0.02
Melrose Industries PlcLSE0.15
Wm Morrison SupermarketsLSE0.02
Quilter PlcLSE0.02
Savills PlcLSE0.06
Ampol LtdASX0.74
Ansell LtdASX0.6
Appen LtdASX0.05
Bapcor LtdASX0.16
Bendigo And Adelaide BankASX0.38
Bega Cheese LtdASX0.07
Bhp Group LtdASX3.91
Beach Energy LtdASX0.01
Bravura Solutions LtdASX0.06
Credit Corp Group LtdASX0.51
Challenger LtdASX0.15
Csl LtdASX1.69
Clinuvel Pharmaceuticals LtdASX0.03
Evolution Mining LtdASX0.07
Iress LtdASX0.21
Invocare LtdASX0.14
Jumbo Interactive LtdASX0.26
Link Administration HoldingsASX0.08
Nib Holdings LtdASX0.2
Oil Search LtdASX0.05
Perpetual LtdASX1.37
Platinum Asset ManagementASX0.17
Smartgroup Corp LtdASX0.25
Southern Cross Media Group LASX0.07
Treasury Wine Estates LtdASX0.19
Wesfarmers LtdASX1.29
Worley LtdASX0.25
Woolworths Group LtdASX0.79
Woodside Petroleum LtdASX0.59

*Expected dividend adjustments stated in full points per share. Long positions on US Equities will incur a 30% withholding tax adjustment.

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.

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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