Trading conditions for CFD on stocks
When trading CFD dividend adjustment is taken into account. If you hold an open «Buy» position at ex-dividend date, the amount for adjustment is added to your trading account. If you hold an open «Sell» position at ex-dividend date, the amount for adjustment is charged from your trading account. You can see the example below.
For insnatce, AXP announces the payout of $0.15 per share at May, 21 2007 (declared date). Ex-dividend date is set as June, 3 2007. If you are holding an open position of 1 lot (1000 shares) at July, 3 2007 and this is a «Buy» position, then you will receive:
1000 x 0.15 = 150 USD
If you are holding an open position of 1 lot (1000 shares) at July, 3 2007 and this is a «Sell» position, then you will be charged:
1000 x 0.15 = 150 USD
The dividend adjustment is being added/charged within 3 months starting from ex-dividend date.
Below you can see the table of dividend payouts for companies, whose shares are subject to CFD-trading:
| Ticker | Ex-dividend date | Dividend size | Period |
| AA | 02.01.2012 | 0,0300 | Quarter |
| AIG | 03.09.2008 | 0,2200 | Quarter |
| AXP | 03.04.2012 | 0.2000 | Quarter |
| BA | 08.02.2012 | 0,4400 | Quarter |
| BAC | 29.02.2012 | 0,0100 | Quarter |
| CAT | 18.01.2012 | 0,4400 | Quarter |
| CSCO | 03.04.2012 | 0.0800 | Quarter |
| CVX | 15.02.2012 | 0.8100 | Quarter |
| DD | 13.02.2012 | 0,4100 | Quarter |
| DIS | 14.12.2011 | 0,6000 | Year |
| GE | 23.02.2012 | 0.1700 | Quarter |
| HD | 06.03.2012 | 0,2900 | Quarter |
| HON | 23.02.2012 | 0,3725 | Quarter |
| HPQ | 12.03.2012 | 0.1200 | Quarter |
| IBM | 08.02.2012 | 0.7500 | Quarter |
| INTC | 03.05.2012 | 0.2100 | Quarter |
| IP | 13.02.2012 | 0.2625 | Quarter |
| JNJ | 24.02.2012 | 0.5700 | Quarter |
| JPM | 03.04.2012 | 0.3000 | Quarter |
| KFT | 28.03.2012 | 0,2900 | Quarter |
| KO | 13.03.2012 | 0.5100 | Quarter |
| MCD | 28.02.2012 | 0.7000 | Quarter |
| MMM | 15.02.2012 | 0.5900 | Quarter |
| MO | 13.03.2012 |
0.4100 | Quarter |
| MRK | 13.03.2012 | 0,4200 | Quarter |
| MSFT | 15.05.2012 | 0.2000 | Quarter |
| PFE | 01.02.2012 | 0.2200 | Quarter |
| PG | 18.01.2012 | 0.5250 | Quarter |
| T | 05.04.2012 | 0,4400 | Quarter |
| TRV | 07.03.2012 | 0.4100 | Quarter |
| UTX | 15.02.2012 | 0.4800 | Quarter |
| VZ | 05.04.2012 | 0.5000 | Quarter |
| WMT | 08.03.2012 | 0.3975 | Quarter |
| XOM | 08.02.2012 | 0.4700 | Quarter |