If you hold CFDs and a company announces a dividend, your account will be credited/ debited on the day the stock goes "Ex-Dividend".

Typical Example:

  • Vodafone announces a 15p dividend
  • You currently hold 3,000 Vodafone CFD shares
  • 15p x 3,000 = 450.00
  • 450.00 will be credited to your CFD account.
  • (If you hold a short position going into the ex-dividend date then your account will be debited for the same amount)
  • On your daily statement the dividend will appear under Ledger Activity as:
  • Corp Action: Cash Dispersion Corp Action:
  • Cash Disp XXX paying YYYY
  • (Where XXX is the instrument and YYY is the amount of the Corporate Action).