Dividend Forecast Schedule

Index Cash CFD Dividends

Symbol	Points	Currency
AUS200	14.53
US30	10.58
US500	0.65
USTECH	0.32

Important Notice 

The information supplied serves as a guide only and is subject to change without notice. It is not intended to be trading or investment advice. Axi cannot be held accountable for inaccuracies or any losses incurred as a result of this information.

What are dividends?

Dividends are a distribution of a portion of a company’s earnings to its shareholders. Dividends can be issued as cash payments, shares of stock, or other equivalent property.

How do they impact your positions?

A dividend causes the share price to fall, as the company is moving money from itself to its shareholders. Dividend payouts from the constituent shares of an index will generally cause the index price to fall. This is because the value of an individual share tends to drop on its ex-dividend date by the amount of the declared dividend.

Positive or negative adjustments are applied on Cash Index CFD products to neutralise the impact of the drop in the index price. Long CFD positions are eligible for a dividend payout, but short positions will incur a charge.

Dividend Credits / Debits

Dividend

=

Number of CFDs

Gross points

If you hold a long position, your account will be credited, while short positions will result in a debit.

Note: 

Certain exchanges impose a withholding tax on dividend payouts, which will be applied accordingly. Details are provided below.

Country	% paid on long positions	% charged on short positions
Country	% paid	% charged
France	75	100
Georgia	85	100
Spain	85	100
Switzerland (Italian)	80	100
Switzerland	65	100
United Kingdom	100	100
United States	70	100
United Arab Emirates	100	100

Important Notice: 

The above adjustments are based on index points. For details of each Index Cash CFD product, kindly refer to our Product Schedule.