Dividend adjustments are generally calculated on the ex-dividend date based on dividend announcements made by the listed companies. The investor's open positions, and the CFDs on the shares held by investors before the ex-dividend date will be affected by this. The dividend adjustment amount for the long position will be credited to the account, while the dividend adjustment amount for the short position will be deducted from the account.
There is no fixed ex-dividend date for stock index trading products. Should any constituent pay dividends, which in turn affects the price of the stock index, Doo Prime will also arrange dividend adjustments, and deduct 1% of the dividend adjustment amount as a handling fee.
As long as the client holds stock indices after 00:05 (platform time) on a specific ex-dividend date, the dividend adjustment amount can be received or paid. If the position is closed before 00:05 on the ex-dividend date, it will not be affected.
The calculation method is as such:
Dividend per share × contract size per lot × volume (lots) = dividend adjustment amount